{smcl}
{com}{sf}{ul off}{txt}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\Han\Desktop\document\불평등 연구\주제23_부의 불평등과 varieties of 민주주의\british journal of politics and international relations\data\analysis_3.smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res}29 Aug 2024, 08:56:37

{com}. encode country, gen(country_1)

. 
. tsset country_1 year
{res}{txt}{col 8}panel variable:  {res}country_1 (unbalanced)
{txt}{col 9}time variable:  {res}{col 25}year, 1900 to 2021, but with gaps
{txt}{col 17}delta:  {res}1 unit

{com}. xtreg electoral_democracy wealth_gini GDPpercapita i.year, fe
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     3,834
{txt}Group variable: {res}country_1{txt}{col 49}Number of groups{col 67}={col 69}{res}       154

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.2385{col 63}{txt}min{col 67}={col 69}{res}        21
{txt}     between = {res}0.0159{col 63}{txt}avg{col 67}={col 69}{res}      24.9
{txt}     overall = {res}0.0001{col 63}{txt}max{col 67}={col 69}{res}       101

{txt}{col 49}F({res}103{txt},{res}3577{txt}){col 67}={col 70}{res}    10.87
{txt}corr(u_i, Xb){col 16}= {res}-0.1735{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}electoral_~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}wealth_gini {c |}{col 14}{res}{space 2} -.139644{col 26}{space 2} .0477097{col 37}{space 1}   -2.93{col 46}{space 3}0.003{col 54}{space 4}-.2331849{col 67}{space 3}-.0461032
{txt}GDPpercapita {c |}{col 14}{res}{space 2}-4.72e-07{col 26}{space 2} 2.27e-07{col 37}{space 1}   -2.08{col 46}{space 3}0.038{col 54}{space 4}-9.17e-07{col 67}{space 3}-2.65e-08
{txt}{space 12} {c |}
{space 8}year {c |}
{space 7}1915  {c |}{col 14}{res}{space 2}-.0541145{col 26}{space 2} .0983996{col 37}{space 1}   -0.55{col 46}{space 3}0.582{col 54}{space 4}-.2470395{col 67}{space 3} .1388106
{txt}{space 7}1916  {c |}{col 14}{res}{space 2} -.053882{col 26}{space 2} .0983997{col 37}{space 1}   -0.55{col 46}{space 3}0.584{col 54}{space 4}-.2468072{col 67}{space 3} .1390432
{txt}{space 7}1917  {c |}{col 14}{res}{space 2}-.0542158{col 26}{space 2} .0983995{col 37}{space 1}   -0.55{col 46}{space 3}0.582{col 54}{space 4}-.2471407{col 67}{space 3}  .138709
{txt}{space 7}1918  {c |}{col 14}{res}{space 2}-.0488639{col 26}{space 2} .0983998{col 37}{space 1}   -0.50{col 46}{space 3}0.620{col 54}{space 4}-.2417892{col 67}{space 3} .1440615
{txt}{space 7}1919  {c |}{col 14}{res}{space 2}-.0328798{col 26}{space 2} .0983999{col 37}{space 1}   -0.33{col 46}{space 3}0.738{col 54}{space 4}-.2258052{col 67}{space 3} .1600457
{txt}{space 7}1920  {c |}{col 14}{res}{space 2} .0016983{col 26}{space 2} .0984009{col 37}{space 1}    0.02{col 46}{space 3}0.986{col 54}{space 4}-.1912293{col 67}{space 3} .1946259
{txt}{space 7}1921  {c |}{col 14}{res}{space 2} .0010676{col 26}{space 2}  .098402{col 37}{space 1}    0.01{col 46}{space 3}0.991{col 54}{space 4} -.191862{col 67}{space 3} .1939971
{txt}{space 7}1922  {c |}{col 14}{res}{space 2} .0010533{col 26}{space 2} .0984035{col 37}{space 1}    0.01{col 46}{space 3}0.991{col 54}{space 4}-.1918792{col 67}{space 3} .1939858
{txt}{space 7}1923  {c |}{col 14}{res}{space 2} .0008444{col 26}{space 2} .0984046{col 37}{space 1}    0.01{col 46}{space 3}0.993{col 54}{space 4}-.1920905{col 67}{space 3} .1937792
{txt}{space 7}1924  {c |}{col 14}{res}{space 2}-.0008958{col 26}{space 2} .0984055{col 37}{space 1}   -0.01{col 46}{space 3}0.993{col 54}{space 4}-.1938324{col 67}{space 3} .1920408
{txt}{space 7}1925  {c |}{col 14}{res}{space 2} -.007581{col 26}{space 2}  .098419{col 37}{space 1}   -0.08{col 46}{space 3}0.939{col 54}{space 4} -.200544{col 67}{space 3} .1853821
{txt}{space 7}1926  {c |}{col 14}{res}{space 2}-.0076573{col 26}{space 2} .0984201{col 37}{space 1}   -0.08{col 46}{space 3}0.938{col 54}{space 4}-.2006225{col 67}{space 3}  .185308
{txt}{space 7}1927  {c |}{col 14}{res}{space 2}-.0065629{col 26}{space 2} .0984128{col 37}{space 1}   -0.07{col 46}{space 3}0.947{col 54}{space 4}-.1995138{col 67}{space 3} .1863879
{txt}{space 7}1929  {c |}{col 14}{res}{space 2}-.0064488{col 26}{space 2} .0984106{col 37}{space 1}   -0.07{col 46}{space 3}0.948{col 54}{space 4}-.1993954{col 67}{space 3} .1864978
{txt}{space 7}1930  {c |}{col 14}{res}{space 2}-.0064049{col 26}{space 2} .0984094{col 37}{space 1}   -0.07{col 46}{space 3}0.948{col 54}{space 4} -.199349{col 67}{space 3} .1865392
{txt}{space 7}1931  {c |}{col 14}{res}{space 2}-.0078089{col 26}{space 2} .0984147{col 37}{space 1}   -0.08{col 46}{space 3}0.937{col 54}{space 4}-.2007635{col 67}{space 3} .1851457
{txt}{space 7}1932  {c |}{col 14}{res}{space 2}-.0087608{col 26}{space 2} .0984188{col 37}{space 1}   -0.09{col 46}{space 3}0.929{col 54}{space 4}-.2017233{col 67}{space 3} .1842017
{txt}{space 7}1933  {c |}{col 14}{res}{space 2}-.0085234{col 26}{space 2} .0984192{col 37}{space 1}   -0.09{col 46}{space 3}0.931{col 54}{space 4}-.2014868{col 67}{space 3} .1844399
{txt}{space 7}1935  {c |}{col 14}{res}{space 2}-.0096717{col 26}{space 2} .0984263{col 37}{space 1}   -0.10{col 46}{space 3}0.922{col 54}{space 4} -.202649{col 67}{space 3} .1833057
{txt}{space 7}1936  {c |}{col 14}{res}{space 2}-.0219022{col 26}{space 2} .0984295{col 37}{space 1}   -0.22{col 46}{space 3}0.824{col 54}{space 4}-.2148857{col 67}{space 3} .1710814
{txt}{space 7}1937  {c |}{col 14}{res}{space 2}-.0229501{col 26}{space 2} .0984321{col 37}{space 1}   -0.23{col 46}{space 3}0.816{col 54}{space 4}-.2159387{col 67}{space 3} .1700385
{txt}{space 7}1938  {c |}{col 14}{res}{space 2}-.0245529{col 26}{space 2} .0984471{col 37}{space 1}   -0.25{col 46}{space 3}0.803{col 54}{space 4} -.217571{col 67}{space 3} .1684653
{txt}{space 7}1939  {c |}{col 14}{res}{space 2}-.0393659{col 26}{space 2} .0984388{col 37}{space 1}   -0.40{col 46}{space 3}0.689{col 54}{space 4}-.2323677{col 67}{space 3} .1536359
{txt}{space 7}1940  {c |}{col 14}{res}{space 2}-.3924312{col 26}{space 2} .0984637{col 37}{space 1}   -3.99{col 46}{space 3}0.000{col 54}{space 4}-.5854817{col 67}{space 3}-.1993806
{txt}{space 7}1941  {c |}{col 14}{res}{space 2}-.4961758{col 26}{space 2} .0984527{col 37}{space 1}   -5.04{col 46}{space 3}0.000{col 54}{space 4}-.6892049{col 67}{space 3}-.3031467
{txt}{space 7}1942  {c |}{col 14}{res}{space 2}-.4955157{col 26}{space 2} .0984427{col 37}{space 1}   -5.03{col 46}{space 3}0.000{col 54}{space 4} -.688525{col 67}{space 3}-.3025063
{txt}{space 7}1943  {c |}{col 14}{res}{space 2}-.4942423{col 26}{space 2} .0984299{col 37}{space 1}   -5.02{col 46}{space 3}0.000{col 54}{space 4}-.6872266{col 67}{space 3} -.301258
{txt}{space 7}1944  {c |}{col 14}{res}{space 2}-.4939635{col 26}{space 2} .0984331{col 37}{space 1}   -5.02{col 46}{space 3}0.000{col 54}{space 4}-.6869542{col 67}{space 3}-.3009728
{txt}{space 7}1945  {c |}{col 14}{res}{space 2}-.3695441{col 26}{space 2}   .09845{col 37}{space 1}   -3.75{col 46}{space 3}0.000{col 54}{space 4}-.5625678{col 67}{space 3}-.1765205
{txt}{space 7}1946  {c |}{col 14}{res}{space 2}-.2135085{col 26}{space 2} .0984752{col 37}{space 1}   -2.17{col 46}{space 3}0.030{col 54}{space 4}-.4065816{col 67}{space 3}-.0204353
{txt}{space 7}1947  {c |}{col 14}{res}{space 2} .1303838{col 26}{space 2} .0984946{col 37}{space 1}    1.32{col 46}{space 3}0.186{col 54}{space 4}-.0627275{col 67}{space 3}  .323495
{txt}{space 7}1948  {c |}{col 14}{res}{space 2} .1673021{col 26}{space 2} .0984848{col 37}{space 1}    1.70{col 46}{space 3}0.089{col 54}{space 4}  -.02579{col 67}{space 3} .3603942
{txt}{space 7}1949  {c |}{col 14}{res}{space 2} .1683456{col 26}{space 2} .0984781{col 37}{space 1}    1.71{col 46}{space 3}0.087{col 54}{space 4}-.0247333{col 67}{space 3} .3614245
{txt}{space 7}1950  {c |}{col 14}{res}{space 2} .1770274{col 26}{space 2} .0984725{col 37}{space 1}    1.80{col 46}{space 3}0.072{col 54}{space 4}-.0160405{col 67}{space 3} .3700953
{txt}{space 7}1951  {c |}{col 14}{res}{space 2} .1767693{col 26}{space 2}  .098509{col 37}{space 1}    1.79{col 46}{space 3}0.073{col 54}{space 4}-.0163702{col 67}{space 3} .3699088
{txt}{space 7}1952  {c |}{col 14}{res}{space 2} .1821844{col 26}{space 2} .0984758{col 37}{space 1}    1.85{col 46}{space 3}0.064{col 54}{space 4}-.0108899{col 67}{space 3} .3752588
{txt}{space 7}1953  {c |}{col 14}{res}{space 2}  .182897{col 26}{space 2} .0984685{col 37}{space 1}    1.86{col 46}{space 3}0.063{col 54}{space 4} -.010163{col 67}{space 3}  .375957
{txt}{space 7}1954  {c |}{col 14}{res}{space 2}  .151939{col 26}{space 2} .0985141{col 37}{space 1}    1.54{col 46}{space 3}0.123{col 54}{space 4}-.0412104{col 67}{space 3} .3450883
{txt}{space 7}1955  {c |}{col 14}{res}{space 2} .1641778{col 26}{space 2} .0985152{col 37}{space 1}    1.67{col 46}{space 3}0.096{col 54}{space 4}-.0289738{col 67}{space 3} .3573295
{txt}{space 7}1956  {c |}{col 14}{res}{space 2} .1683927{col 26}{space 2} .0985163{col 37}{space 1}    1.71{col 46}{space 3}0.087{col 54}{space 4} -.024761{col 67}{space 3} .3615463
{txt}{space 7}1957  {c |}{col 14}{res}{space 2} .1791124{col 26}{space 2} .0985106{col 37}{space 1}    1.82{col 46}{space 3}0.069{col 54}{space 4}-.0140302{col 67}{space 3}  .372255
{txt}{space 7}1958  {c |}{col 14}{res}{space 2} .1798432{col 26}{space 2}  .098533{col 37}{space 1}    1.83{col 46}{space 3}0.068{col 54}{space 4}-.0133434{col 67}{space 3} .3730297
{txt}{space 7}1959  {c |}{col 14}{res}{space 2} .1740771{col 26}{space 2} .0985151{col 37}{space 1}    1.77{col 46}{space 3}0.077{col 54}{space 4}-.0190743{col 67}{space 3} .3672286
{txt}{space 7}1960  {c |}{col 14}{res}{space 2} .1722044{col 26}{space 2}  .098521{col 37}{space 1}    1.75{col 46}{space 3}0.081{col 54}{space 4}-.0209586{col 67}{space 3} .3653675
{txt}{space 7}1962  {c |}{col 14}{res}{space 2} .1405654{col 26}{space 2} .0857391{col 37}{space 1}    1.64{col 46}{space 3}0.101{col 54}{space 4}-.0275369{col 67}{space 3} .3086678
{txt}{space 7}1963  {c |}{col 14}{res}{space 2} .1199636{col 26}{space 2} .0996479{col 37}{space 1}    1.20{col 46}{space 3}0.229{col 54}{space 4}-.0754089{col 67}{space 3}  .315336
{txt}{space 7}1964  {c |}{col 14}{res}{space 2} .1591644{col 26}{space 2} .0857208{col 37}{space 1}    1.86{col 46}{space 3}0.063{col 54}{space 4} -.008902{col 67}{space 3} .3272309
{txt}{space 7}1965  {c |}{col 14}{res}{space 2} .1582574{col 26}{space 2} .0857458{col 37}{space 1}    1.85{col 46}{space 3}0.065{col 54}{space 4}-.0098582{col 67}{space 3} .3263729
{txt}{space 7}1966  {c |}{col 14}{res}{space 2} .1695437{col 26}{space 2} .0857822{col 37}{space 1}    1.98{col 46}{space 3}0.048{col 54}{space 4} .0013566{col 67}{space 3} .3377307
{txt}{space 7}1967  {c |}{col 14}{res}{space 2}  .174277{col 26}{space 2} .0858134{col 37}{space 1}    2.03{col 46}{space 3}0.042{col 54}{space 4} .0060288{col 67}{space 3} .3425251
{txt}{space 7}1968  {c |}{col 14}{res}{space 2} .1728614{col 26}{space 2} .0858723{col 37}{space 1}    2.01{col 46}{space 3}0.044{col 54}{space 4} .0044978{col 67}{space 3}  .341225
{txt}{space 7}1969  {c |}{col 14}{res}{space 2} .1775963{col 26}{space 2} .0859661{col 37}{space 1}    2.07{col 46}{space 3}0.039{col 54}{space 4} .0090487{col 67}{space 3} .3461438
{txt}{space 7}1970  {c |}{col 14}{res}{space 2}  .204957{col 26}{space 2} .0859787{col 37}{space 1}    2.38{col 46}{space 3}0.017{col 54}{space 4} .0363849{col 67}{space 3} .3735292
{txt}{space 7}1971  {c |}{col 14}{res}{space 2} .2102302{col 26}{space 2} .0860016{col 37}{space 1}    2.44{col 46}{space 3}0.015{col 54}{space 4} .0416132{col 67}{space 3} .3788472
{txt}{space 7}1972  {c |}{col 14}{res}{space 2} .2126654{col 26}{space 2} .0860082{col 37}{space 1}    2.47{col 46}{space 3}0.013{col 54}{space 4} .0440353{col 67}{space 3} .3812954
{txt}{space 7}1973  {c |}{col 14}{res}{space 2}  .226722{col 26}{space 2} .0860346{col 37}{space 1}    2.64{col 46}{space 3}0.008{col 54}{space 4} .0580403{col 67}{space 3} .3954038
{txt}{space 7}1974  {c |}{col 14}{res}{space 2} .2311155{col 26}{space 2} .0860406{col 37}{space 1}    2.69{col 46}{space 3}0.007{col 54}{space 4}  .062422{col 67}{space 3}  .399809
{txt}{space 7}1975  {c |}{col 14}{res}{space 2} .2433475{col 26}{space 2} .0860805{col 37}{space 1}    2.83{col 46}{space 3}0.005{col 54}{space 4} .0745756{col 67}{space 3} .4121194
{txt}{space 7}1976  {c |}{col 14}{res}{space 2} .2486681{col 26}{space 2} .0861155{col 37}{space 1}    2.89{col 46}{space 3}0.004{col 54}{space 4} .0798278{col 67}{space 3} .4175084
{txt}{space 7}1977  {c |}{col 14}{res}{space 2} .2660983{col 26}{space 2} .0861431{col 37}{space 1}    3.09{col 46}{space 3}0.002{col 54}{space 4} .0972037{col 67}{space 3} .4349929
{txt}{space 7}1978  {c |}{col 14}{res}{space 2} .2688367{col 26}{space 2} .0861818{col 37}{space 1}    3.12{col 46}{space 3}0.002{col 54}{space 4} .0998663{col 67}{space 3} .4378072
{txt}{space 7}1979  {c |}{col 14}{res}{space 2} .2696834{col 26}{space 2}  .086188{col 37}{space 1}    3.13{col 46}{space 3}0.002{col 54}{space 4} .1007008{col 67}{space 3}  .438666
{txt}{space 7}1980  {c |}{col 14}{res}{space 2} .2793749{col 26}{space 2} .0815881{col 37}{space 1}    3.42{col 46}{space 3}0.001{col 54}{space 4} .1194111{col 67}{space 3} .4393386
{txt}{space 7}1981  {c |}{col 14}{res}{space 2} .2842222{col 26}{space 2} .0791072{col 37}{space 1}    3.59{col 46}{space 3}0.000{col 54}{space 4} .1291225{col 67}{space 3} .4393219
{txt}{space 7}1982  {c |}{col 14}{res}{space 2}  .286748{col 26}{space 2}  .081642{col 37}{space 1}    3.51{col 46}{space 3}0.000{col 54}{space 4} .1266784{col 67}{space 3} .4468175
{txt}{space 7}1983  {c |}{col 14}{res}{space 2} .2858772{col 26}{space 2} .0817062{col 37}{space 1}    3.50{col 46}{space 3}0.000{col 54}{space 4} .1256818{col 67}{space 3} .4460726
{txt}{space 7}1984  {c |}{col 14}{res}{space 2} .2939155{col 26}{space 2} .0791053{col 37}{space 1}    3.72{col 46}{space 3}0.000{col 54}{space 4} .1388194{col 67}{space 3} .4490116
{txt}{space 7}1985  {c |}{col 14}{res}{space 2}  .295127{col 26}{space 2} .0790971{col 37}{space 1}    3.73{col 46}{space 3}0.000{col 54}{space 4}  .140047{col 67}{space 3} .4502071
{txt}{space 7}1986  {c |}{col 14}{res}{space 2} .2971369{col 26}{space 2} .0790662{col 37}{space 1}    3.76{col 46}{space 3}0.000{col 54}{space 4} .1421177{col 67}{space 3} .4521562
{txt}{space 7}1987  {c |}{col 14}{res}{space 2} .2999618{col 26}{space 2} .0790201{col 37}{space 1}    3.80{col 46}{space 3}0.000{col 54}{space 4} .1450329{col 67}{space 3} .4548907
{txt}{space 7}1988  {c |}{col 14}{res}{space 2} .3023054{col 26}{space 2} .0789844{col 37}{space 1}    3.83{col 46}{space 3}0.000{col 54}{space 4} .1474464{col 67}{space 3} .4571644
{txt}{space 7}1989  {c |}{col 14}{res}{space 2} .3023934{col 26}{space 2} .0789657{col 37}{space 1}    3.83{col 46}{space 3}0.000{col 54}{space 4} .1475711{col 67}{space 3} .4572157
{txt}{space 7}1990  {c |}{col 14}{res}{space 2} .3032972{col 26}{space 2} .0789767{col 37}{space 1}    3.84{col 46}{space 3}0.000{col 54}{space 4} .1484534{col 67}{space 3} .4581411
{txt}{space 7}1991  {c |}{col 14}{res}{space 2} .3009952{col 26}{space 2} .0775063{col 37}{space 1}    3.88{col 46}{space 3}0.000{col 54}{space 4} .1490341{col 67}{space 3} .4529562
{txt}{space 7}1992  {c |}{col 14}{res}{space 2} .3058676{col 26}{space 2} .0789614{col 37}{space 1}    3.87{col 46}{space 3}0.000{col 54}{space 4} .1510537{col 67}{space 3} .4606815
{txt}{space 7}1993  {c |}{col 14}{res}{space 2} .3047967{col 26}{space 2} .0765047{col 37}{space 1}    3.98{col 46}{space 3}0.000{col 54}{space 4} .1547995{col 67}{space 3}  .454794
{txt}{space 7}1994  {c |}{col 14}{res}{space 2} .3053845{col 26}{space 2} .0775068{col 37}{space 1}    3.94{col 46}{space 3}0.000{col 54}{space 4} .1534226{col 67}{space 3} .4573465
{txt}{space 7}1995  {c |}{col 14}{res}{space 2} .2701097{col 26}{space 2} .0715532{col 37}{space 1}    3.77{col 46}{space 3}0.000{col 54}{space 4} .1298205{col 67}{space 3} .4103988
{txt}{space 7}1996  {c |}{col 14}{res}{space 2} .2761124{col 26}{space 2}  .071555{col 37}{space 1}    3.86{col 46}{space 3}0.000{col 54}{space 4} .1358198{col 67}{space 3}  .416405
{txt}{space 7}1997  {c |}{col 14}{res}{space 2} .2841341{col 26}{space 2} .0715615{col 37}{space 1}    3.97{col 46}{space 3}0.000{col 54}{space 4} .1438286{col 67}{space 3} .4244395
{txt}{space 7}1998  {c |}{col 14}{res}{space 2} .2871491{col 26}{space 2} .0715661{col 37}{space 1}    4.01{col 46}{space 3}0.000{col 54}{space 4} .1468347{col 67}{space 3} .4274635
{txt}{space 7}1999  {c |}{col 14}{res}{space 2} .2883298{col 26}{space 2} .0715761{col 37}{space 1}    4.03{col 46}{space 3}0.000{col 54}{space 4} .1479958{col 67}{space 3} .4286639
{txt}{space 7}2000  {c |}{col 14}{res}{space 2} .2943078{col 26}{space 2}  .071593{col 37}{space 1}    4.11{col 46}{space 3}0.000{col 54}{space 4} .1539406{col 67}{space 3} .4346751
{txt}{space 7}2001  {c |}{col 14}{res}{space 2} .2981637{col 26}{space 2} .0716051{col 37}{space 1}    4.16{col 46}{space 3}0.000{col 54}{space 4} .1577727{col 67}{space 3} .4385546
{txt}{space 7}2002  {c |}{col 14}{res}{space 2} .3051283{col 26}{space 2} .0716194{col 37}{space 1}    4.26{col 46}{space 3}0.000{col 54}{space 4} .1647093{col 67}{space 3} .4455472
{txt}{space 7}2003  {c |}{col 14}{res}{space 2} .3112783{col 26}{space 2} .0716292{col 37}{space 1}    4.35{col 46}{space 3}0.000{col 54}{space 4} .1708402{col 67}{space 3} .4517164
{txt}{space 7}2004  {c |}{col 14}{res}{space 2} .3124011{col 26}{space 2} .0716535{col 37}{space 1}    4.36{col 46}{space 3}0.000{col 54}{space 4} .1719153{col 67}{space 3} .4528869
{txt}{space 7}2005  {c |}{col 14}{res}{space 2} .3166034{col 26}{space 2} .0716709{col 37}{space 1}    4.42{col 46}{space 3}0.000{col 54}{space 4} .1760835{col 67}{space 3} .4571234
{txt}{space 7}2006  {c |}{col 14}{res}{space 2} .3221246{col 26}{space 2} .0716754{col 37}{space 1}    4.49{col 46}{space 3}0.000{col 54}{space 4} .1815959{col 67}{space 3} .4626534
{txt}{space 7}2007  {c |}{col 14}{res}{space 2} .3216578{col 26}{space 2} .0716833{col 37}{space 1}    4.49{col 46}{space 3}0.000{col 54}{space 4} .1811136{col 67}{space 3} .4622021
{txt}{space 7}2008  {c |}{col 14}{res}{space 2} .3222653{col 26}{space 2} .0717029{col 37}{space 1}    4.49{col 46}{space 3}0.000{col 54}{space 4} .1816825{col 67}{space 3}  .462848
{txt}{space 7}2009  {c |}{col 14}{res}{space 2} .3226533{col 26}{space 2} .0717004{col 37}{space 1}    4.50{col 46}{space 3}0.000{col 54}{space 4} .1820755{col 67}{space 3} .4632311
{txt}{space 7}2010  {c |}{col 14}{res}{space 2}  .323787{col 26}{space 2} .0717189{col 37}{space 1}    4.51{col 46}{space 3}0.000{col 54}{space 4} .1831728{col 67}{space 3} .4644011
{txt}{space 7}2011  {c |}{col 14}{res}{space 2} .3303358{col 26}{space 2} .0717271{col 37}{space 1}    4.61{col 46}{space 3}0.000{col 54}{space 4} .1897057{col 67}{space 3} .4709658
{txt}{space 7}2012  {c |}{col 14}{res}{space 2} .3319226{col 26}{space 2} .0717483{col 37}{space 1}    4.63{col 46}{space 3}0.000{col 54}{space 4} .1912508{col 67}{space 3} .4725944
{txt}{space 7}2013  {c |}{col 14}{res}{space 2} .3274222{col 26}{space 2} .0717418{col 37}{space 1}    4.56{col 46}{space 3}0.000{col 54}{space 4} .1867633{col 67}{space 3} .4680811
{txt}{space 7}2014  {c |}{col 14}{res}{space 2} .3273027{col 26}{space 2} .0717553{col 37}{space 1}    4.56{col 46}{space 3}0.000{col 54}{space 4} .1866172{col 67}{space 3} .4679882
{txt}{space 7}2015  {c |}{col 14}{res}{space 2} .3234204{col 26}{space 2} .0717662{col 37}{space 1}    4.51{col 46}{space 3}0.000{col 54}{space 4} .1827135{col 67}{space 3} .4641272
{txt}{space 7}2016  {c |}{col 14}{res}{space 2} .3216492{col 26}{space 2} .0717721{col 37}{space 1}    4.48{col 46}{space 3}0.000{col 54}{space 4} .1809308{col 67}{space 3} .4623676
{txt}{space 7}2017  {c |}{col 14}{res}{space 2} .3187486{col 26}{space 2} .0717842{col 37}{space 1}    4.44{col 46}{space 3}0.000{col 54}{space 4} .1780066{col 67}{space 3} .4594906
{txt}{space 7}2018  {c |}{col 14}{res}{space 2} .3179999{col 26}{space 2} .0717953{col 37}{space 1}    4.43{col 46}{space 3}0.000{col 54}{space 4}  .177236{col 67}{space 3} .4587638
{txt}{space 12} {c |}
{space 7}_cons {c |}{col 14}{res}{space 2} .3482418{col 26}{space 2} .0841506{col 37}{space 1}    4.14{col 46}{space 3}0.000{col 54}{space 4} .1832539{col 67}{space 3} .5132297
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .25656173
     {txt}sigma_e {c |} {res} .06957896
         {txt}rho {c |} {res} .93149053{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}
F test that all u_i=0: F({res}153{txt}, {res}3577{txt}) = {res}280.87{col 62}{txt}Prob > F = {res}0.0000

{com}. 
. 
. 
. xtreg electoral_democracy wealth_top_1 GDPpercapita i.year, fe
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     3,911
{txt}Group variable: {res}country_1{txt}{col 49}Number of groups{col 67}={col 69}{res}       154

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.2749{col 63}{txt}min{col 67}={col 69}{res}        21
{txt}     between = {res}0.0039{col 63}{txt}avg{col 67}={col 69}{res}      25.4
{txt}     overall = {res}0.0002{col 63}{txt}max{col 67}={col 69}{res}       106

{txt}{col 49}F({res}108{txt},{res}3649{txt}){col 67}={col 70}{res}    12.81
{txt}corr(u_i, Xb){col 16}= {res}-0.2092{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}electoral_~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
wealth_top_1 {c |}{col 14}{res}{space 2}-.1150475{col 26}{space 2}  .038604{col 37}{space 1}   -2.98{col 46}{space 3}0.003{col 54}{space 4} -.190735{col 67}{space 3}-.0393599
{txt}GDPpercapita {c |}{col 14}{res}{space 2}-4.22e-07{col 26}{space 2} 2.30e-07{col 37}{space 1}   -1.84{col 46}{space 3}0.066{col 54}{space 4}-8.73e-07{col 67}{space 3} 2.86e-08
{txt}{space 12} {c |}
{space 8}year {c |}
{space 7}1913  {c |}{col 14}{res}{space 2}-.1349397{col 26}{space 2} .1002375{col 37}{space 1}   -1.35{col 46}{space 3}0.178{col 54}{space 4}-.3314668{col 67}{space 3} .0615874
{txt}{space 7}1914  {c |}{col 14}{res}{space 2}-.1409649{col 26}{space 2} .1002457{col 37}{space 1}   -1.41{col 46}{space 3}0.160{col 54}{space 4} -.337508{col 67}{space 3} .0555781
{txt}{space 7}1915  {c |}{col 14}{res}{space 2}-.0993615{col 26}{space 2}  .086486{col 37}{space 1}   -1.15{col 46}{space 3}0.251{col 54}{space 4}-.2689271{col 67}{space 3} .0702042
{txt}{space 7}1916  {c |}{col 14}{res}{space 2}-.1011644{col 26}{space 2} .0864946{col 37}{space 1}   -1.17{col 46}{space 3}0.242{col 54}{space 4}-.2707471{col 67}{space 3} .0684182
{txt}{space 7}1917  {c |}{col 14}{res}{space 2}-.1104762{col 26}{space 2} .0865098{col 37}{space 1}   -1.28{col 46}{space 3}0.202{col 54}{space 4}-.2800885{col 67}{space 3} .0591362
{txt}{space 7}1918  {c |}{col 14}{res}{space 2}-.1089458{col 26}{space 2} .0865396{col 37}{space 1}   -1.26{col 46}{space 3}0.208{col 54}{space 4}-.2786165{col 67}{space 3} .0607249
{txt}{space 7}1919  {c |}{col 14}{res}{space 2}-.0951601{col 26}{space 2} .0865245{col 37}{space 1}   -1.10{col 46}{space 3}0.271{col 54}{space 4}-.2648013{col 67}{space 3}  .074481
{txt}{space 7}1920  {c |}{col 14}{res}{space 2}-.0294192{col 26}{space 2} .0865731{col 37}{space 1}   -0.34{col 46}{space 3}0.734{col 54}{space 4}-.1991557{col 67}{space 3} .1403173
{txt}{space 7}1921  {c |}{col 14}{res}{space 2}-.0295197{col 26}{space 2} .0865721{col 37}{space 1}   -0.34{col 46}{space 3}0.733{col 54}{space 4}-.1992542{col 67}{space 3} .1402149
{txt}{space 7}1922  {c |}{col 14}{res}{space 2} -.027107{col 26}{space 2} .0865539{col 37}{space 1}   -0.31{col 46}{space 3}0.754{col 54}{space 4}-.1968057{col 67}{space 3} .1425918
{txt}{space 7}1923  {c |}{col 14}{res}{space 2}-.0233486{col 26}{space 2} .0866062{col 37}{space 1}   -0.27{col 46}{space 3}0.787{col 54}{space 4}-.1931499{col 67}{space 3} .1464527
{txt}{space 7}1924  {c |}{col 14}{res}{space 2}-.0231989{col 26}{space 2} .0865882{col 37}{space 1}   -0.27{col 46}{space 3}0.789{col 54}{space 4}-.1929649{col 67}{space 3} .1465672
{txt}{space 7}1925  {c |}{col 14}{res}{space 2}-.0254048{col 26}{space 2}  .086583{col 37}{space 1}   -0.29{col 46}{space 3}0.769{col 54}{space 4}-.1951607{col 67}{space 3} .1443511
{txt}{space 7}1926  {c |}{col 14}{res}{space 2}-.0224776{col 26}{space 2} .0865618{col 37}{space 1}   -0.26{col 46}{space 3}0.795{col 54}{space 4} -.192192{col 67}{space 3} .1472368
{txt}{space 7}1927  {c |}{col 14}{res}{space 2}-.0203131{col 26}{space 2} .0865233{col 37}{space 1}   -0.23{col 46}{space 3}0.814{col 54}{space 4} -.189952{col 67}{space 3} .1493257
{txt}{space 7}1928  {c |}{col 14}{res}{space 2}-.0281753{col 26}{space 2} .1002135{col 37}{space 1}   -0.28{col 46}{space 3}0.779{col 54}{space 4}-.2246553{col 67}{space 3} .1683047
{txt}{space 7}1929  {c |}{col 14}{res}{space 2}-.0186784{col 26}{space 2} .0864986{col 37}{space 1}   -0.22{col 46}{space 3}0.829{col 54}{space 4}-.1882687{col 67}{space 3} .1509119
{txt}{space 7}1930  {c |}{col 14}{res}{space 2}-.0207533{col 26}{space 2} .0865219{col 37}{space 1}   -0.24{col 46}{space 3}0.810{col 54}{space 4}-.1903893{col 67}{space 3} .1488827
{txt}{space 7}1931  {c |}{col 14}{res}{space 2}-.0165013{col 26}{space 2} .0865888{col 37}{space 1}   -0.19{col 46}{space 3}0.849{col 54}{space 4}-.1862685{col 67}{space 3}  .153266
{txt}{space 7}1932  {c |}{col 14}{res}{space 2} -.017428{col 26}{space 2} .0866067{col 37}{space 1}   -0.20{col 46}{space 3}0.841{col 54}{space 4}-.1872304{col 67}{space 3} .1523743
{txt}{space 7}1933  {c |}{col 14}{res}{space 2}-.0173226{col 26}{space 2} .0865868{col 37}{space 1}   -0.20{col 46}{space 3}0.841{col 54}{space 4}-.1870859{col 67}{space 3} .1524407
{txt}{space 7}1934  {c |}{col 14}{res}{space 2}-.0166675{col 26}{space 2}  .100314{col 37}{space 1}   -0.17{col 46}{space 3}0.868{col 54}{space 4}-.2133446{col 67}{space 3} .1800096
{txt}{space 7}1935  {c |}{col 14}{res}{space 2}-.0119897{col 26}{space 2} .0865956{col 37}{space 1}   -0.14{col 46}{space 3}0.890{col 54}{space 4}-.1817702{col 67}{space 3} .1577908
{txt}{space 7}1936  {c |}{col 14}{res}{space 2}-.0161391{col 26}{space 2} .0865765{col 37}{space 1}   -0.19{col 46}{space 3}0.852{col 54}{space 4}-.1858821{col 67}{space 3}  .153604
{txt}{space 7}1937  {c |}{col 14}{res}{space 2}-.0183349{col 26}{space 2}  .086576{col 37}{space 1}   -0.21{col 46}{space 3}0.832{col 54}{space 4}-.1880771{col 67}{space 3} .1514073
{txt}{space 7}1938  {c |}{col 14}{res}{space 2}  -.02191{col 26}{space 2} .0866516{col 37}{space 1}   -0.25{col 46}{space 3}0.800{col 54}{space 4}-.1918003{col 67}{space 3} .1479803
{txt}{space 7}1939  {c |}{col 14}{res}{space 2} -.029893{col 26}{space 2}  .086636{col 37}{space 1}   -0.35{col 46}{space 3}0.730{col 54}{space 4}-.1997528{col 67}{space 3} .1399667
{txt}{space 7}1940  {c |}{col 14}{res}{space 2}-.2022154{col 26}{space 2} .0867501{col 37}{space 1}   -2.33{col 46}{space 3}0.020{col 54}{space 4}-.3722989{col 67}{space 3}-.0321319
{txt}{space 7}1941  {c |}{col 14}{res}{space 2}-.2607748{col 26}{space 2} .0867969{col 37}{space 1}   -3.00{col 46}{space 3}0.003{col 54}{space 4}  -.43095{col 67}{space 3}-.0905996
{txt}{space 7}1942  {c |}{col 14}{res}{space 2}-.2655779{col 26}{space 2} .0867825{col 37}{space 1}   -3.06{col 46}{space 3}0.002{col 54}{space 4} -.435725{col 67}{space 3}-.0954308
{txt}{space 7}1943  {c |}{col 14}{res}{space 2} -.262742{col 26}{space 2} .0867524{col 37}{space 1}   -3.03{col 46}{space 3}0.002{col 54}{space 4}  -.43283{col 67}{space 3}-.0926541
{txt}{space 7}1944  {c |}{col 14}{res}{space 2}-.2638457{col 26}{space 2} .0867997{col 37}{space 1}   -3.04{col 46}{space 3}0.002{col 54}{space 4}-.4340264{col 67}{space 3} -.093665
{txt}{space 7}1945  {c |}{col 14}{res}{space 2}-.1973548{col 26}{space 2} .0868432{col 37}{space 1}   -2.27{col 46}{space 3}0.023{col 54}{space 4}-.3676208{col 67}{space 3}-.0270887
{txt}{space 7}1946  {c |}{col 14}{res}{space 2}-.1045463{col 26}{space 2}  .086971{col 37}{space 1}   -1.20{col 46}{space 3}0.229{col 54}{space 4}-.2750628{col 67}{space 3} .0659703
{txt}{space 7}1947  {c |}{col 14}{res}{space 2} .0700265{col 26}{space 2} .0870044{col 37}{space 1}    0.80{col 46}{space 3}0.421{col 54}{space 4}-.1005557{col 67}{space 3} .2406086
{txt}{space 7}1948  {c |}{col 14}{res}{space 2} .0865806{col 26}{space 2} .0870105{col 37}{space 1}    1.00{col 46}{space 3}0.320{col 54}{space 4}-.0840135{col 67}{space 3} .2571747
{txt}{space 7}1949  {c |}{col 14}{res}{space 2} .0792232{col 26}{space 2} .0869718{col 37}{space 1}    0.91{col 46}{space 3}0.362{col 54}{space 4} -.091295{col 67}{space 3} .2497415
{txt}{space 7}1950  {c |}{col 14}{res}{space 2} .0847949{col 26}{space 2} .0869473{col 37}{space 1}    0.98{col 46}{space 3}0.330{col 54}{space 4}-.0856752{col 67}{space 3}  .255265
{txt}{space 7}1951  {c |}{col 14}{res}{space 2} .0969358{col 26}{space 2}  .086973{col 37}{space 1}    1.11{col 46}{space 3}0.265{col 54}{space 4}-.0735848{col 67}{space 3} .2674564
{txt}{space 7}1952  {c |}{col 14}{res}{space 2} .0979683{col 26}{space 2}  .086995{col 37}{space 1}    1.13{col 46}{space 3}0.260{col 54}{space 4}-.0725953{col 67}{space 3} .2685318
{txt}{space 7}1953  {c |}{col 14}{res}{space 2} .0983434{col 26}{space 2} .0870252{col 37}{space 1}    1.13{col 46}{space 3}0.259{col 54}{space 4}-.0722795{col 67}{space 3} .2689662
{txt}{space 7}1954  {c |}{col 14}{res}{space 2} .0822315{col 26}{space 2} .0870482{col 37}{space 1}    0.94{col 46}{space 3}0.345{col 54}{space 4}-.0884364{col 67}{space 3} .2528995
{txt}{space 7}1955  {c |}{col 14}{res}{space 2} .0896295{col 26}{space 2}  .087028{col 37}{space 1}    1.03{col 46}{space 3}0.303{col 54}{space 4}-.0809989{col 67}{space 3} .2602579
{txt}{space 7}1956  {c |}{col 14}{res}{space 2} .0955354{col 26}{space 2} .0870173{col 37}{space 1}    1.10{col 46}{space 3}0.272{col 54}{space 4} -.075072{col 67}{space 3} .2661427
{txt}{space 7}1957  {c |}{col 14}{res}{space 2} .0995346{col 26}{space 2} .0869858{col 37}{space 1}    1.14{col 46}{space 3}0.253{col 54}{space 4} -.071011{col 67}{space 3} .2700803
{txt}{space 7}1958  {c |}{col 14}{res}{space 2} .1049962{col 26}{space 2} .0870399{col 37}{space 1}    1.21{col 46}{space 3}0.228{col 54}{space 4}-.0656554{col 67}{space 3} .2756478
{txt}{space 7}1959  {c |}{col 14}{res}{space 2} .1043896{col 26}{space 2} .0870001{col 37}{space 1}    1.20{col 46}{space 3}0.230{col 54}{space 4}-.0661841{col 67}{space 3} .2749632
{txt}{space 7}1960  {c |}{col 14}{res}{space 2} .1129195{col 26}{space 2} .0870267{col 37}{space 1}    1.30{col 46}{space 3}0.195{col 54}{space 4}-.0577063{col 67}{space 3} .2835452
{txt}{space 7}1961  {c |}{col 14}{res}{space 2} .0830677{col 26}{space 2} .1007387{col 37}{space 1}    0.82{col 46}{space 3}0.410{col 54}{space 4} -.114442{col 67}{space 3} .2805775
{txt}{space 7}1962  {c |}{col 14}{res}{space 2}  .124747{col 26}{space 2}  .087018{col 37}{space 1}    1.43{col 46}{space 3}0.152{col 54}{space 4}-.0458617{col 67}{space 3} .2953558
{txt}{space 7}1963  {c |}{col 14}{res}{space 2} .1002303{col 26}{space 2} .1007606{col 37}{space 1}    0.99{col 46}{space 3}0.320{col 54}{space 4}-.0973224{col 67}{space 3}  .297783
{txt}{space 7}1964  {c |}{col 14}{res}{space 2} .1422287{col 26}{space 2} .0870298{col 37}{space 1}    1.63{col 46}{space 3}0.102{col 54}{space 4}-.0284032{col 67}{space 3} .3128606
{txt}{space 7}1965  {c |}{col 14}{res}{space 2} .1416542{col 26}{space 2} .0870516{col 37}{space 1}    1.63{col 46}{space 3}0.104{col 54}{space 4}-.0290203{col 67}{space 3} .3123287
{txt}{space 7}1966  {c |}{col 14}{res}{space 2}  .153234{col 26}{space 2} .0870894{col 37}{space 1}    1.76{col 46}{space 3}0.079{col 54}{space 4}-.0175147{col 67}{space 3} .3239828
{txt}{space 7}1967  {c |}{col 14}{res}{space 2}  .158209{col 26}{space 2} .0871217{col 37}{space 1}    1.82{col 46}{space 3}0.069{col 54}{space 4} -.012603{col 67}{space 3}  .329021
{txt}{space 7}1968  {c |}{col 14}{res}{space 2}  .157468{col 26}{space 2} .0871708{col 37}{space 1}    1.81{col 46}{space 3}0.071{col 54}{space 4}-.0134404{col 67}{space 3} .3283763
{txt}{space 7}1969  {c |}{col 14}{res}{space 2} .1624242{col 26}{space 2} .0872797{col 37}{space 1}    1.86{col 46}{space 3}0.063{col 54}{space 4}-.0086976{col 67}{space 3} .3335459
{txt}{space 7}1970  {c |}{col 14}{res}{space 2} .1876804{col 26}{space 2} .0873919{col 37}{space 1}    2.15{col 46}{space 3}0.032{col 54}{space 4} .0163386{col 67}{space 3} .3590222
{txt}{space 7}1971  {c |}{col 14}{res}{space 2} .1932521{col 26}{space 2}  .087406{col 37}{space 1}    2.21{col 46}{space 3}0.027{col 54}{space 4} .0218826{col 67}{space 3} .3646216
{txt}{space 7}1972  {c |}{col 14}{res}{space 2} .1954703{col 26}{space 2} .0874222{col 37}{space 1}    2.24{col 46}{space 3}0.025{col 54}{space 4} .0240691{col 67}{space 3} .3668716
{txt}{space 7}1973  {c |}{col 14}{res}{space 2} .2092823{col 26}{space 2}  .087465{col 37}{space 1}    2.39{col 46}{space 3}0.017{col 54}{space 4} .0377971{col 67}{space 3} .3807676
{txt}{space 7}1974  {c |}{col 14}{res}{space 2} .2127488{col 26}{space 2} .0875187{col 37}{space 1}    2.43{col 46}{space 3}0.015{col 54}{space 4} .0411583{col 67}{space 3} .3843392
{txt}{space 7}1975  {c |}{col 14}{res}{space 2}  .225465{col 26}{space 2} .0875487{col 37}{space 1}    2.58{col 46}{space 3}0.010{col 54}{space 4} .0538159{col 67}{space 3} .3971142
{txt}{space 7}1976  {c |}{col 14}{res}{space 2} .2306327{col 26}{space 2} .0875987{col 37}{space 1}    2.63{col 46}{space 3}0.009{col 54}{space 4} .0588854{col 67}{space 3}   .40238
{txt}{space 7}1977  {c |}{col 14}{res}{space 2} .2481886{col 26}{space 2}  .087625{col 37}{space 1}    2.83{col 46}{space 3}0.005{col 54}{space 4} .0763898{col 67}{space 3} .4199875
{txt}{space 7}1978  {c |}{col 14}{res}{space 2} .2508508{col 26}{space 2} .0876756{col 37}{space 1}    2.86{col 46}{space 3}0.004{col 54}{space 4} .0789528{col 67}{space 3} .4227487
{txt}{space 7}1979  {c |}{col 14}{res}{space 2} .2522503{col 26}{space 2} .0876514{col 37}{space 1}    2.88{col 46}{space 3}0.004{col 54}{space 4} .0803996{col 67}{space 3} .4241009
{txt}{space 7}1980  {c |}{col 14}{res}{space 2} .2664761{col 26}{space 2} .0776916{col 37}{space 1}    3.43{col 46}{space 3}0.001{col 54}{space 4} .1141529{col 67}{space 3} .4187993
{txt}{space 7}1981  {c |}{col 14}{res}{space 2} .2677221{col 26}{space 2} .0787973{col 37}{space 1}    3.40{col 46}{space 3}0.001{col 54}{space 4} .1132309{col 67}{space 3} .4222133
{txt}{space 7}1982  {c |}{col 14}{res}{space 2}  .272837{col 26}{space 2} .0787653{col 37}{space 1}    3.46{col 46}{space 3}0.001{col 54}{space 4} .1184086{col 67}{space 3} .4272654
{txt}{space 7}1983  {c |}{col 14}{res}{space 2} .2685852{col 26}{space 2}  .078782{col 37}{space 1}    3.41{col 46}{space 3}0.001{col 54}{space 4} .1141241{col 67}{space 3} .4230464
{txt}{space 7}1984  {c |}{col 14}{res}{space 2} .2748833{col 26}{space 2} .0777584{col 37}{space 1}    3.54{col 46}{space 3}0.000{col 54}{space 4} .1224292{col 67}{space 3} .4273375
{txt}{space 7}1985  {c |}{col 14}{res}{space 2} .2749206{col 26}{space 2} .0788008{col 37}{space 1}    3.49{col 46}{space 3}0.000{col 54}{space 4} .1204225{col 67}{space 3} .4294187
{txt}{space 7}1986  {c |}{col 14}{res}{space 2} .2752575{col 26}{space 2} .0770182{col 37}{space 1}    3.57{col 46}{space 3}0.000{col 54}{space 4} .1242546{col 67}{space 3} .4262604
{txt}{space 7}1987  {c |}{col 14}{res}{space 2}  .278125{col 26}{space 2} .0787943{col 37}{space 1}    3.53{col 46}{space 3}0.000{col 54}{space 4} .1236397{col 67}{space 3} .4326102
{txt}{space 7}1988  {c |}{col 14}{res}{space 2} .2809113{col 26}{space 2} .0777272{col 37}{space 1}    3.61{col 46}{space 3}0.000{col 54}{space 4} .1285182{col 67}{space 3} .4333044
{txt}{space 7}1989  {c |}{col 14}{res}{space 2} .2787477{col 26}{space 2} .0769785{col 37}{space 1}    3.62{col 46}{space 3}0.000{col 54}{space 4} .1278226{col 67}{space 3} .4296728
{txt}{space 7}1990  {c |}{col 14}{res}{space 2} .2836226{col 26}{space 2} .0777127{col 37}{space 1}    3.65{col 46}{space 3}0.000{col 54}{space 4} .1312579{col 67}{space 3} .4359873
{txt}{space 7}1991  {c |}{col 14}{res}{space 2} .2833837{col 26}{space 2} .0769672{col 37}{space 1}    3.68{col 46}{space 3}0.000{col 54}{space 4} .1324807{col 67}{space 3} .4342867
{txt}{space 7}1992  {c |}{col 14}{res}{space 2} .2856877{col 26}{space 2} .0776912{col 37}{space 1}    3.68{col 46}{space 3}0.000{col 54}{space 4} .1333652{col 67}{space 3} .4380101
{txt}{space 7}1993  {c |}{col 14}{res}{space 2} .2873647{col 26}{space 2} .0769651{col 37}{space 1}    3.73{col 46}{space 3}0.000{col 54}{space 4} .1364659{col 67}{space 3} .4382636
{txt}{space 7}1994  {c |}{col 14}{res}{space 2} .2868584{col 26}{space 2} .0777027{col 37}{space 1}    3.69{col 46}{space 3}0.000{col 54}{space 4} .1345133{col 67}{space 3} .4392035
{txt}{space 7}1995  {c |}{col 14}{res}{space 2} .2595622{col 26}{space 2} .0725642{col 37}{space 1}    3.58{col 46}{space 3}0.000{col 54}{space 4} .1172918{col 67}{space 3} .4018327
{txt}{space 7}1996  {c |}{col 14}{res}{space 2} .2656293{col 26}{space 2} .0725614{col 37}{space 1}    3.66{col 46}{space 3}0.000{col 54}{space 4} .1233644{col 67}{space 3} .4078941
{txt}{space 7}1997  {c |}{col 14}{res}{space 2} .2736794{col 26}{space 2} .0725653{col 37}{space 1}    3.77{col 46}{space 3}0.000{col 54}{space 4} .1314069{col 67}{space 3} .4159519
{txt}{space 7}1998  {c |}{col 14}{res}{space 2} .2766596{col 26}{space 2} .0725711{col 37}{space 1}    3.81{col 46}{space 3}0.000{col 54}{space 4} .1343756{col 67}{space 3} .4189435
{txt}{space 7}1999  {c |}{col 14}{res}{space 2} .2778709{col 26}{space 2} .0725796{col 37}{space 1}    3.83{col 46}{space 3}0.000{col 54}{space 4} .1355703{col 67}{space 3} .4201716
{txt}{space 7}2000  {c |}{col 14}{res}{space 2} .2837581{col 26}{space 2} .0726012{col 37}{space 1}    3.91{col 46}{space 3}0.000{col 54}{space 4} .1414151{col 67}{space 3} .4261012
{txt}{space 7}2001  {c |}{col 14}{res}{space 2} .2875766{col 26}{space 2} .0726156{col 37}{space 1}    3.96{col 46}{space 3}0.000{col 54}{space 4} .1452054{col 67}{space 3} .4299477
{txt}{space 7}2002  {c |}{col 14}{res}{space 2} .2944478{col 26}{space 2} .0726352{col 37}{space 1}    4.05{col 46}{space 3}0.000{col 54}{space 4} .1520382{col 67}{space 3} .4368573
{txt}{space 7}2003  {c |}{col 14}{res}{space 2} .3005271{col 26}{space 2} .0726478{col 37}{space 1}    4.14{col 46}{space 3}0.000{col 54}{space 4} .1580927{col 67}{space 3} .4429615
{txt}{space 7}2004  {c |}{col 14}{res}{space 2} .3016526{col 26}{space 2} .0726722{col 37}{space 1}    4.15{col 46}{space 3}0.000{col 54}{space 4} .1591703{col 67}{space 3} .4441348
{txt}{space 7}2005  {c |}{col 14}{res}{space 2} .3059098{col 26}{space 2} .0726866{col 37}{space 1}    4.21{col 46}{space 3}0.000{col 54}{space 4} .1633994{col 67}{space 3} .4484202
{txt}{space 7}2006  {c |}{col 14}{res}{space 2} .3114319{col 26}{space 2} .0726878{col 37}{space 1}    4.28{col 46}{space 3}0.000{col 54}{space 4} .1689191{col 67}{space 3} .4539447
{txt}{space 7}2007  {c |}{col 14}{res}{space 2} .3109798{col 26}{space 2} .0726922{col 37}{space 1}    4.28{col 46}{space 3}0.000{col 54}{space 4} .1684583{col 67}{space 3} .4535013
{txt}{space 7}2008  {c |}{col 14}{res}{space 2} .3114223{col 26}{space 2} .0727213{col 37}{space 1}    4.28{col 46}{space 3}0.000{col 54}{space 4}  .168844{col 67}{space 3} .4540007
{txt}{space 7}2009  {c |}{col 14}{res}{space 2} .3114934{col 26}{space 2} .0727367{col 37}{space 1}    4.28{col 46}{space 3}0.000{col 54}{space 4} .1688848{col 67}{space 3} .4541019
{txt}{space 7}2010  {c |}{col 14}{res}{space 2} .3126862{col 26}{space 2} .0727518{col 37}{space 1}    4.30{col 46}{space 3}0.000{col 54}{space 4}  .170048{col 67}{space 3} .4553244
{txt}{space 7}2011  {c |}{col 14}{res}{space 2} .3192134{col 26}{space 2} .0727594{col 37}{space 1}    4.39{col 46}{space 3}0.000{col 54}{space 4} .1765602{col 67}{space 3} .4618666
{txt}{space 7}2012  {c |}{col 14}{res}{space 2} .3207741{col 26}{space 2} .0727842{col 37}{space 1}    4.41{col 46}{space 3}0.000{col 54}{space 4} .1780724{col 67}{space 3} .4634758
{txt}{space 7}2013  {c |}{col 14}{res}{space 2} .3164007{col 26}{space 2} .0727692{col 37}{space 1}    4.35{col 46}{space 3}0.000{col 54}{space 4} .1737284{col 67}{space 3} .4590731
{txt}{space 7}2014  {c |}{col 14}{res}{space 2} .3163082{col 26}{space 2} .0727823{col 37}{space 1}    4.35{col 46}{space 3}0.000{col 54}{space 4} .1736102{col 67}{space 3} .4590063
{txt}{space 7}2015  {c |}{col 14}{res}{space 2} .3125081{col 26}{space 2} .0727896{col 37}{space 1}    4.29{col 46}{space 3}0.000{col 54}{space 4} .1697957{col 67}{space 3} .4552204
{txt}{space 7}2016  {c |}{col 14}{res}{space 2} .3106509{col 26}{space 2} .0728002{col 37}{space 1}    4.27{col 46}{space 3}0.000{col 54}{space 4} .1679178{col 67}{space 3} .4533841
{txt}{space 7}2017  {c |}{col 14}{res}{space 2}  .307824{col 26}{space 2} .0728087{col 37}{space 1}    4.23{col 46}{space 3}0.000{col 54}{space 4} .1650743{col 67}{space 3} .4505737
{txt}{space 7}2018  {c |}{col 14}{res}{space 2} .3071385{col 26}{space 2} .0728167{col 37}{space 1}    4.22{col 46}{space 3}0.000{col 54}{space 4}  .164373{col 67}{space 3} .4499039
{txt}{space 12} {c |}
{space 7}_cons {c |}{col 14}{res}{space 2} .2912782{col 26}{space 2} .0746745{col 37}{space 1}    3.90{col 46}{space 3}0.000{col 54}{space 4} .1448702{col 67}{space 3} .4376862
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .25516363
     {txt}sigma_e {c |} {res} .07048097
         {txt}rho {c |} {res} .92911176{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}
F test that all u_i=0: F({res}153{txt}, {res}3649{txt}) = {res}262.16{col 62}{txt}Prob > F = {res}0.0000

{com}. 
. 
. 
. xtreg electoral_democracy wealth_top_10 GDPpercapita i.year, fe
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     3,898
{txt}Group variable: {res}country_1{txt}{col 49}Number of groups{col 67}={col 69}{res}       154

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.2752{col 63}{txt}min{col 67}={col 69}{res}        21
{txt}     between = {res}0.0033{col 63}{txt}avg{col 67}={col 69}{res}      25.3
{txt}     overall = {res}0.0002{col 63}{txt}max{col 67}={col 69}{res}       106

{txt}{col 49}F({res}108{txt},{res}3636{txt}){col 67}={col 70}{res}    12.79
{txt}corr(u_i, Xb){col 16}= {res}-0.2099{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}electoral_~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
wealth_to~10 {c |}{col 14}{res}{space 2}-.1313983{col 26}{space 2} .0395552{col 37}{space 1}   -3.32{col 46}{space 3}0.001{col 54}{space 4}-.2089509{col 67}{space 3}-.0538456
{txt}GDPpercapita {c |}{col 14}{res}{space 2}-4.11e-07{col 26}{space 2} 2.30e-07{col 37}{space 1}   -1.78{col 46}{space 3}0.075{col 54}{space 4}-8.62e-07{col 67}{space 3} 4.08e-08
{txt}{space 12} {c |}
{space 8}year {c |}
{space 7}1913  {c |}{col 14}{res}{space 2}-.1395793{col 26}{space 2} .1004255{col 37}{space 1}   -1.39{col 46}{space 3}0.165{col 54}{space 4}-.3364753{col 67}{space 3} .0573167
{txt}{space 7}1914  {c |}{col 14}{res}{space 2}-.1451526{col 26}{space 2} .1004283{col 37}{space 1}   -1.45{col 46}{space 3}0.148{col 54}{space 4} -.342054{col 67}{space 3} .0517488
{txt}{space 7}1915  {c |}{col 14}{res}{space 2}-.1019625{col 26}{space 2}  .086627{col 37}{space 1}   -1.18{col 46}{space 3}0.239{col 54}{space 4}-.2718048{col 67}{space 3} .0678798
{txt}{space 7}1916  {c |}{col 14}{res}{space 2}-.1027009{col 26}{space 2} .0866272{col 37}{space 1}   -1.19{col 46}{space 3}0.236{col 54}{space 4}-.2725436{col 67}{space 3} .0671417
{txt}{space 7}1917  {c |}{col 14}{res}{space 2}-.1104066{col 26}{space 2} .0866268{col 37}{space 1}   -1.27{col 46}{space 3}0.203{col 54}{space 4}-.2802486{col 67}{space 3} .0594353
{txt}{space 7}1918  {c |}{col 14}{res}{space 2}-.1065058{col 26}{space 2} .0866273{col 37}{space 1}   -1.23{col 46}{space 3}0.219{col 54}{space 4}-.2763486{col 67}{space 3} .0633371
{txt}{space 7}1919  {c |}{col 14}{res}{space 2}-.0932369{col 26}{space 2} .0866219{col 37}{space 1}   -1.08{col 46}{space 3}0.282{col 54}{space 4}-.2630693{col 67}{space 3} .0765955
{txt}{space 7}1920  {c |}{col 14}{res}{space 2} -.026067{col 26}{space 2}  .086639{col 37}{space 1}   -0.30{col 46}{space 3}0.764{col 54}{space 4}-.1959328{col 67}{space 3} .1437989
{txt}{space 7}1921  {c |}{col 14}{res}{space 2} -.026721{col 26}{space 2} .0866441{col 37}{space 1}   -0.31{col 46}{space 3}0.758{col 54}{space 4}-.1965969{col 67}{space 3}  .143155
{txt}{space 7}1922  {c |}{col 14}{res}{space 2}-.0251879{col 26}{space 2} .0866412{col 37}{space 1}   -0.29{col 46}{space 3}0.771{col 54}{space 4}-.1950581{col 67}{space 3} .1446823
{txt}{space 7}1923  {c |}{col 14}{res}{space 2}-.0184094{col 26}{space 2} .0866414{col 37}{space 1}   -0.21{col 46}{space 3}0.832{col 54}{space 4}  -.18828{col 67}{space 3} .1514611
{txt}{space 7}1924  {c |}{col 14}{res}{space 2}-.0185297{col 26}{space 2} .0866345{col 37}{space 1}   -0.21{col 46}{space 3}0.831{col 54}{space 4}-.1883867{col 67}{space 3} .1513273
{txt}{space 7}1925  {c |}{col 14}{res}{space 2} -.021489{col 26}{space 2}  .086639{col 37}{space 1}   -0.25{col 46}{space 3}0.804{col 54}{space 4}-.1913548{col 67}{space 3} .1483768
{txt}{space 7}1926  {c |}{col 14}{res}{space 2}-.0192157{col 26}{space 2}  .086633{col 37}{space 1}   -0.22{col 46}{space 3}0.824{col 54}{space 4}-.1890699{col 67}{space 3} .1506384
{txt}{space 7}1927  {c |}{col 14}{res}{space 2}-.0183515{col 26}{space 2} .0866207{col 37}{space 1}   -0.21{col 46}{space 3}0.832{col 54}{space 4}-.1881815{col 67}{space 3} .1514784
{txt}{space 7}1928  {c |}{col 14}{res}{space 2}-.0278006{col 26}{space 2} .1003489{col 37}{space 1}   -0.28{col 46}{space 3}0.782{col 54}{space 4}-.2245464{col 67}{space 3} .1689452
{txt}{space 7}1929  {c |}{col 14}{res}{space 2}-.0186885{col 26}{space 2} .0866183{col 37}{space 1}   -0.22{col 46}{space 3}0.829{col 54}{space 4}-.1885138{col 67}{space 3} .1511368
{txt}{space 7}1930  {c |}{col 14}{res}{space 2}-.0182361{col 26}{space 2} .0866156{col 37}{space 1}   -0.21{col 46}{space 3}0.833{col 54}{space 4}-.1880562{col 67}{space 3} .1515839
{txt}{space 7}1931  {c |}{col 14}{res}{space 2} -.010594{col 26}{space 2} .0866238{col 37}{space 1}   -0.12{col 46}{space 3}0.903{col 54}{space 4}  -.18043{col 67}{space 3} .1592421
{txt}{space 7}1932  {c |}{col 14}{res}{space 2}   -.0107{col 26}{space 2} .0866253{col 37}{space 1}   -0.12{col 46}{space 3}0.902{col 54}{space 4} -.180539{col 67}{space 3} .1591391
{txt}{space 7}1933  {c |}{col 14}{res}{space 2}-.0117883{col 26}{space 2} .0866263{col 37}{space 1}   -0.14{col 46}{space 3}0.892{col 54}{space 4}-.1816292{col 67}{space 3} .1580526
{txt}{space 7}1934  {c |}{col 14}{res}{space 2}-.0105474{col 26}{space 2}  .100364{col 37}{space 1}   -0.11{col 46}{space 3}0.916{col 54}{space 4}-.2073227{col 67}{space 3} .1862279
{txt}{space 7}1935  {c |}{col 14}{res}{space 2}-.0085128{col 26}{space 2} .0866511{col 37}{space 1}   -0.10{col 46}{space 3}0.922{col 54}{space 4}-.1784023{col 67}{space 3} .1613768
{txt}{space 7}1936  {c |}{col 14}{res}{space 2}-.0138707{col 26}{space 2} .0866525{col 37}{space 1}   -0.16{col 46}{space 3}0.873{col 54}{space 4} -.183763{col 67}{space 3} .1560216
{txt}{space 7}1937  {c |}{col 14}{res}{space 2} -.017469{col 26}{space 2}  .086669{col 37}{space 1}   -0.20{col 46}{space 3}0.840{col 54}{space 4}-.1873938{col 67}{space 3} .1524558
{txt}{space 7}1938  {c |}{col 14}{res}{space 2}-.0184346{col 26}{space 2}  .086686{col 37}{space 1}   -0.21{col 46}{space 3}0.832{col 54}{space 4}-.1883926{col 67}{space 3} .1515234
{txt}{space 7}1939  {c |}{col 14}{res}{space 2}-.0264329{col 26}{space 2} .0866763{col 37}{space 1}   -0.30{col 46}{space 3}0.760{col 54}{space 4}-.1963719{col 67}{space 3} .1435062
{txt}{space 7}1940  {c |}{col 14}{res}{space 2}-.1979757{col 26}{space 2} .0867371{col 37}{space 1}   -2.28{col 46}{space 3}0.023{col 54}{space 4} -.368034{col 67}{space 3}-.0279175
{txt}{space 7}1941  {c |}{col 14}{res}{space 2} -.255995{col 26}{space 2} .0867572{col 37}{space 1}   -2.95{col 46}{space 3}0.003{col 54}{space 4}-.4260927{col 67}{space 3}-.0858973
{txt}{space 7}1942  {c |}{col 14}{res}{space 2}-.2617851{col 26}{space 2} .0867666{col 37}{space 1}   -3.02{col 46}{space 3}0.003{col 54}{space 4}-.4319012{col 67}{space 3}-.0916691
{txt}{space 7}1943  {c |}{col 14}{res}{space 2}-.2585055{col 26}{space 2} .0867388{col 37}{space 1}   -2.98{col 46}{space 3}0.003{col 54}{space 4}-.4285671{col 67}{space 3}-.0884439
{txt}{space 7}1944  {c |}{col 14}{res}{space 2}-.2598132{col 26}{space 2} .0867735{col 37}{space 1}   -2.99{col 46}{space 3}0.003{col 54}{space 4}-.4299428{col 67}{space 3}-.0896836
{txt}{space 7}1945  {c |}{col 14}{res}{space 2}-.1928566{col 26}{space 2} .0867928{col 37}{space 1}   -2.22{col 46}{space 3}0.026{col 54}{space 4}-.3630241{col 67}{space 3}-.0226891
{txt}{space 7}1946  {c |}{col 14}{res}{space 2}-.0990689{col 26}{space 2} .0868546{col 37}{space 1}   -1.14{col 46}{space 3}0.254{col 54}{space 4}-.2693575{col 67}{space 3} .0712197
{txt}{space 7}1947  {c |}{col 14}{res}{space 2} .0749471{col 26}{space 2} .0868901{col 37}{space 1}    0.86{col 46}{space 3}0.388{col 54}{space 4} -.095411{col 67}{space 3} .2453052
{txt}{space 7}1948  {c |}{col 14}{res}{space 2} .0914597{col 26}{space 2} .0868953{col 37}{space 1}    1.05{col 46}{space 3}0.293{col 54}{space 4}-.0789087{col 67}{space 3} .2618281
{txt}{space 7}1949  {c |}{col 14}{res}{space 2} .0835757{col 26}{space 2} .0868823{col 37}{space 1}    0.96{col 46}{space 3}0.336{col 54}{space 4}-.0867672{col 67}{space 3} .2539187
{txt}{space 7}1950  {c |}{col 14}{res}{space 2} .0890715{col 26}{space 2} .0868678{col 37}{space 1}    1.03{col 46}{space 3}0.305{col 54}{space 4} -.081243{col 67}{space 3}  .259386
{txt}{space 7}1951  {c |}{col 14}{res}{space 2} .1003521{col 26}{space 2} .0869073{col 37}{space 1}    1.15{col 46}{space 3}0.248{col 54}{space 4}-.0700398{col 67}{space 3} .2707441
{txt}{space 7}1952  {c |}{col 14}{res}{space 2} .1033047{col 26}{space 2} .0868748{col 37}{space 1}    1.19{col 46}{space 3}0.234{col 54}{space 4}-.0670234{col 67}{space 3} .2736329
{txt}{space 7}1953  {c |}{col 14}{res}{space 2} .1043754{col 26}{space 2} .0868778{col 37}{space 1}    1.20{col 46}{space 3}0.230{col 54}{space 4}-.0659587{col 67}{space 3} .2747096
{txt}{space 7}1954  {c |}{col 14}{res}{space 2} .0867786{col 26}{space 2} .0869306{col 37}{space 1}    1.00{col 46}{space 3}0.318{col 54}{space 4}-.0836589{col 67}{space 3} .2572162
{txt}{space 7}1955  {c |}{col 14}{res}{space 2} .0946582{col 26}{space 2} .0869051{col 37}{space 1}    1.09{col 46}{space 3}0.276{col 54}{space 4}-.0757293{col 67}{space 3} .2650458
{txt}{space 7}1956  {c |}{col 14}{res}{space 2} .1000548{col 26}{space 2}  .086911{col 37}{space 1}    1.15{col 46}{space 3}0.250{col 54}{space 4}-.0703443{col 67}{space 3} .2704539
{txt}{space 7}1957  {c |}{col 14}{res}{space 2} .1038691{col 26}{space 2} .0868945{col 37}{space 1}    1.20{col 46}{space 3}0.232{col 54}{space 4}-.0664976{col 67}{space 3} .2742359
{txt}{space 7}1958  {c |}{col 14}{res}{space 2} .1097735{col 26}{space 2} .0869198{col 37}{space 1}    1.26{col 46}{space 3}0.207{col 54}{space 4}-.0606428{col 67}{space 3} .2801899
{txt}{space 7}1959  {c |}{col 14}{res}{space 2} .1095014{col 26}{space 2} .0868854{col 37}{space 1}    1.26{col 46}{space 3}0.208{col 54}{space 4}-.0608476{col 67}{space 3} .2798504
{txt}{space 7}1960  {c |}{col 14}{res}{space 2} .1190913{col 26}{space 2} .0868776{col 37}{space 1}    1.37{col 46}{space 3}0.171{col 54}{space 4}-.0512423{col 67}{space 3} .2894249
{txt}{space 7}1961  {c |}{col 14}{res}{space 2} .0875136{col 26}{space 2} .1006579{col 37}{space 1}    0.87{col 46}{space 3}0.385{col 54}{space 4}-.1098379{col 67}{space 3} .2848651
{txt}{space 7}1962  {c |}{col 14}{res}{space 2} .1306241{col 26}{space 2} .0868805{col 37}{space 1}    1.50{col 46}{space 3}0.133{col 54}{space 4}-.0397152{col 67}{space 3} .3009635
{txt}{space 7}1963  {c |}{col 14}{res}{space 2} .1056287{col 26}{space 2}  .100651{col 37}{space 1}    1.05{col 46}{space 3}0.294{col 54}{space 4}-.0917093{col 67}{space 3} .3029668
{txt}{space 7}1964  {c |}{col 14}{res}{space 2} .1495999{col 26}{space 2} .0868555{col 37}{space 1}    1.72{col 46}{space 3}0.085{col 54}{space 4}-.0206904{col 67}{space 3} .3198902
{txt}{space 7}1965  {c |}{col 14}{res}{space 2} .1484788{col 26}{space 2}  .086883{col 37}{space 1}    1.71{col 46}{space 3}0.088{col 54}{space 4}-.0218654{col 67}{space 3}  .318823
{txt}{space 7}1966  {c |}{col 14}{res}{space 2} .1593849{col 26}{space 2} .0869251{col 37}{space 1}    1.83{col 46}{space 3}0.067{col 54}{space 4}-.0110419{col 67}{space 3} .3298117
{txt}{space 7}1967  {c |}{col 14}{res}{space 2} .1632746{col 26}{space 2} .0869756{col 37}{space 1}    1.88{col 46}{space 3}0.061{col 54}{space 4}-.0072512{col 67}{space 3} .3338003
{txt}{space 7}1968  {c |}{col 14}{res}{space 2} .1617205{col 26}{space 2} .0870335{col 37}{space 1}    1.86{col 46}{space 3}0.063{col 54}{space 4}-.0089189{col 67}{space 3} .3323599
{txt}{space 7}1969  {c |}{col 14}{res}{space 2}  .165236{col 26}{space 2}  .087158{col 37}{space 1}    1.90{col 46}{space 3}0.058{col 54}{space 4}-.0056474{col 67}{space 3} .3361194
{txt}{space 7}1970  {c |}{col 14}{res}{space 2} .1922215{col 26}{space 2} .0871822{col 37}{space 1}    2.20{col 46}{space 3}0.028{col 54}{space 4} .0212907{col 67}{space 3} .3631524
{txt}{space 7}1971  {c |}{col 14}{res}{space 2} .1966988{col 26}{space 2} .0872311{col 37}{space 1}    2.25{col 46}{space 3}0.024{col 54}{space 4} .0256721{col 67}{space 3} .3677255
{txt}{space 7}1972  {c |}{col 14}{res}{space 2} .1996631{col 26}{space 2} .0872188{col 37}{space 1}    2.29{col 46}{space 3}0.022{col 54}{space 4} .0286605{col 67}{space 3} .3706657
{txt}{space 7}1973  {c |}{col 14}{res}{space 2} .2132495{col 26}{space 2} .0872599{col 37}{space 1}    2.44{col 46}{space 3}0.015{col 54}{space 4} .0421662{col 67}{space 3} .3843328
{txt}{space 7}1974  {c |}{col 14}{res}{space 2} .2160842{col 26}{space 2} .0873222{col 37}{space 1}    2.47{col 46}{space 3}0.013{col 54}{space 4} .0448789{col 67}{space 3} .3872895
{txt}{space 7}1975  {c |}{col 14}{res}{space 2} .2290054{col 26}{space 2} .0873359{col 37}{space 1}    2.62{col 46}{space 3}0.009{col 54}{space 4} .0577732{col 67}{space 3} .4002376
{txt}{space 7}1976  {c |}{col 14}{res}{space 2} .2334466{col 26}{space 2} .0874031{col 37}{space 1}    2.67{col 46}{space 3}0.008{col 54}{space 4} .0620826{col 67}{space 3} .4048106
{txt}{space 7}1977  {c |}{col 14}{res}{space 2} .2510632{col 26}{space 2} .0874224{col 37}{space 1}    2.87{col 46}{space 3}0.004{col 54}{space 4} .0796614{col 67}{space 3}  .422465
{txt}{space 7}1978  {c |}{col 14}{res}{space 2} .2526143{col 26}{space 2} .0875078{col 37}{space 1}    2.89{col 46}{space 3}0.004{col 54}{space 4}  .081045{col 67}{space 3} .4241837
{txt}{space 7}1979  {c |}{col 14}{res}{space 2} .2539183{col 26}{space 2} .0874947{col 37}{space 1}    2.90{col 46}{space 3}0.004{col 54}{space 4} .0823747{col 67}{space 3} .4254618
{txt}{space 7}1980  {c |}{col 14}{res}{space 2} .2633778{col 26}{space 2} .0802364{col 37}{space 1}    3.28{col 46}{space 3}0.001{col 54}{space 4} .1060651{col 67}{space 3} .4206906
{txt}{space 7}1981  {c |}{col 14}{res}{space 2} .2677801{col 26}{space 2} .0786986{col 37}{space 1}    3.40{col 46}{space 3}0.001{col 54}{space 4} .1134823{col 67}{space 3} .4220779
{txt}{space 7}1982  {c |}{col 14}{res}{space 2} .2688743{col 26}{space 2} .0802761{col 37}{space 1}    3.35{col 46}{space 3}0.001{col 54}{space 4} .1114835{col 67}{space 3}  .426265
{txt}{space 7}1983  {c |}{col 14}{res}{space 2}  .267933{col 26}{space 2}  .080306{col 37}{space 1}    3.34{col 46}{space 3}0.001{col 54}{space 4} .1104837{col 67}{space 3} .4253822
{txt}{space 7}1984  {c |}{col 14}{res}{space 2} .2730842{col 26}{space 2} .0787498{col 37}{space 1}    3.47{col 46}{space 3}0.001{col 54}{space 4}  .118686{col 67}{space 3} .4274824
{txt}{space 7}1985  {c |}{col 14}{res}{space 2} .2745392{col 26}{space 2} .0787265{col 37}{space 1}    3.49{col 46}{space 3}0.000{col 54}{space 4} .1201867{col 67}{space 3} .4288916
{txt}{space 7}1986  {c |}{col 14}{res}{space 2} .2757493{col 26}{space 2} .0787259{col 37}{space 1}    3.50{col 46}{space 3}0.000{col 54}{space 4} .1213979{col 67}{space 3} .4301006
{txt}{space 7}1987  {c |}{col 14}{res}{space 2} .2787283{col 26}{space 2} .0786823{col 37}{space 1}    3.54{col 46}{space 3}0.000{col 54}{space 4} .1244625{col 67}{space 3} .4329941
{txt}{space 7}1988  {c |}{col 14}{res}{space 2} .2803853{col 26}{space 2} .0786786{col 37}{space 1}    3.56{col 46}{space 3}0.000{col 54}{space 4} .1261267{col 67}{space 3} .4346438
{txt}{space 7}1989  {c |}{col 14}{res}{space 2} .2802037{col 26}{space 2} .0786765{col 37}{space 1}    3.56{col 46}{space 3}0.000{col 54}{space 4} .1259493{col 67}{space 3} .4344581
{txt}{space 7}1990  {c |}{col 14}{res}{space 2} .2819273{col 26}{space 2} .0787366{col 37}{space 1}    3.58{col 46}{space 3}0.000{col 54}{space 4} .1275549{col 67}{space 3} .4362997
{txt}{space 7}1991  {c |}{col 14}{res}{space 2} .2812338{col 26}{space 2} .0777197{col 37}{space 1}    3.62{col 46}{space 3}0.000{col 54}{space 4} .1288554{col 67}{space 3} .4336123
{txt}{space 7}1992  {c |}{col 14}{res}{space 2} .2848045{col 26}{space 2}  .078693{col 37}{space 1}    3.62{col 46}{space 3}0.000{col 54}{space 4} .1305178{col 67}{space 3} .4390913
{txt}{space 7}1993  {c |}{col 14}{res}{space 2} .2871705{col 26}{space 2} .0769149{col 37}{space 1}    3.73{col 46}{space 3}0.000{col 54}{space 4} .1363699{col 67}{space 3} .4379712
{txt}{space 7}1994  {c |}{col 14}{res}{space 2} .2870456{col 26}{space 2} .0776486{col 37}{space 1}    3.70{col 46}{space 3}0.000{col 54}{space 4} .1348064{col 67}{space 3} .4392848
{txt}{space 7}1995  {c |}{col 14}{res}{space 2} .2571525{col 26}{space 2} .0726196{col 37}{space 1}    3.54{col 46}{space 3}0.000{col 54}{space 4} .1147733{col 67}{space 3} .3995317
{txt}{space 7}1996  {c |}{col 14}{res}{space 2} .2631892{col 26}{space 2} .0726195{col 37}{space 1}    3.62{col 46}{space 3}0.000{col 54}{space 4} .1208102{col 67}{space 3} .4055682
{txt}{space 7}1997  {c |}{col 14}{res}{space 2}  .271236{col 26}{space 2} .0726244{col 37}{space 1}    3.73{col 46}{space 3}0.000{col 54}{space 4} .1288474{col 67}{space 3} .4136247
{txt}{space 7}1998  {c |}{col 14}{res}{space 2} .2742449{col 26}{space 2} .0726289{col 37}{space 1}    3.78{col 46}{space 3}0.000{col 54}{space 4} .1318474{col 67}{space 3} .4166424
{txt}{space 7}1999  {c |}{col 14}{res}{space 2} .2754093{col 26}{space 2} .0726394{col 37}{space 1}    3.79{col 46}{space 3}0.000{col 54}{space 4} .1329914{col 67}{space 3} .4178272
{txt}{space 7}2000  {c |}{col 14}{res}{space 2} .2813454{col 26}{space 2} .0726576{col 37}{space 1}    3.87{col 46}{space 3}0.000{col 54}{space 4} .1388917{col 67}{space 3} .4237991
{txt}{space 7}2001  {c |}{col 14}{res}{space 2} .2851764{col 26}{space 2} .0726705{col 37}{space 1}    3.92{col 46}{space 3}0.000{col 54}{space 4} .1426975{col 67}{space 3} .4276553
{txt}{space 7}2002  {c |}{col 14}{res}{space 2} .2921061{col 26}{space 2} .0726859{col 37}{space 1}    4.02{col 46}{space 3}0.000{col 54}{space 4} .1495969{col 67}{space 3} .4346153
{txt}{space 7}2003  {c |}{col 14}{res}{space 2} .2982188{col 26}{space 2} .0726969{col 37}{space 1}    4.10{col 46}{space 3}0.000{col 54}{space 4} .1556881{col 67}{space 3} .4407495
{txt}{space 7}2004  {c |}{col 14}{res}{space 2} .2993068{col 26}{space 2}  .072722{col 37}{space 1}    4.12{col 46}{space 3}0.000{col 54}{space 4} .1567267{col 67}{space 3} .4418868
{txt}{space 7}2005  {c |}{col 14}{res}{space 2} .3034695{col 26}{space 2} .0727407{col 37}{space 1}    4.17{col 46}{space 3}0.000{col 54}{space 4}  .160853{col 67}{space 3} .4460861
{txt}{space 7}2006  {c |}{col 14}{res}{space 2} .3089903{col 26}{space 2} .0727444{col 37}{space 1}    4.25{col 46}{space 3}0.000{col 54}{space 4} .1663664{col 67}{space 3} .4516141
{txt}{space 7}2007  {c |}{col 14}{res}{space 2} .3085053{col 26}{space 2} .0727523{col 37}{space 1}    4.24{col 46}{space 3}0.000{col 54}{space 4} .1658658{col 67}{space 3} .4511447
{txt}{space 7}2008  {c |}{col 14}{res}{space 2} .3089541{col 26}{space 2} .0727786{col 37}{space 1}    4.25{col 46}{space 3}0.000{col 54}{space 4} .1662631{col 67}{space 3} .4516451
{txt}{space 7}2009  {c |}{col 14}{res}{space 2} .3092091{col 26}{space 2} .0727825{col 37}{space 1}    4.25{col 46}{space 3}0.000{col 54}{space 4} .1665106{col 67}{space 3} .4519076
{txt}{space 7}2010  {c |}{col 14}{res}{space 2} .3102901{col 26}{space 2} .0728028{col 37}{space 1}    4.26{col 46}{space 3}0.000{col 54}{space 4} .1675518{col 67}{space 3} .4530285
{txt}{space 7}2011  {c |}{col 14}{res}{space 2} .3168444{col 26}{space 2} .0728101{col 37}{space 1}    4.35{col 46}{space 3}0.000{col 54}{space 4} .1740918{col 67}{space 3}  .459597
{txt}{space 7}2012  {c |}{col 14}{res}{space 2} .3183384{col 26}{space 2} .0728354{col 37}{space 1}    4.37{col 46}{space 3}0.000{col 54}{space 4} .1755361{col 67}{space 3} .4611407
{txt}{space 7}2013  {c |}{col 14}{res}{space 2} .3139027{col 26}{space 2} .0728257{col 37}{space 1}    4.31{col 46}{space 3}0.000{col 54}{space 4} .1711194{col 67}{space 3}  .456686
{txt}{space 7}2014  {c |}{col 14}{res}{space 2} .3137387{col 26}{space 2} .0728411{col 37}{space 1}    4.31{col 46}{space 3}0.000{col 54}{space 4} .1709252{col 67}{space 3} .4565522
{txt}{space 7}2015  {c |}{col 14}{res}{space 2} .3098851{col 26}{space 2} .0728506{col 37}{space 1}    4.25{col 46}{space 3}0.000{col 54}{space 4} .1670531{col 67}{space 3} .4527172
{txt}{space 7}2016  {c |}{col 14}{res}{space 2} .3080949{col 26}{space 2} .0728572{col 37}{space 1}    4.23{col 46}{space 3}0.000{col 54}{space 4} .1652498{col 67}{space 3} .4509399
{txt}{space 7}2017  {c |}{col 14}{res}{space 2} .3052148{col 26}{space 2} .0728681{col 37}{space 1}    4.19{col 46}{space 3}0.000{col 54}{space 4} .1623485{col 67}{space 3} .4480811
{txt}{space 7}2018  {c |}{col 14}{res}{space 2} .3044608{col 26}{space 2} .0728792{col 37}{space 1}    4.18{col 46}{space 3}0.000{col 54}{space 4} .1615726{col 67}{space 3}  .447349
{txt}{space 12} {c |}
{space 7}_cons {c |}{col 14}{res}{space 2} .3410702{col 26}{space 2}  .079667{col 37}{space 1}    4.28{col 46}{space 3}0.000{col 54}{space 4} .1848738{col 67}{space 3} .4972666
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .25515557
     {txt}sigma_e {c |} {res} .07058388
         {txt}rho {c |} {res} .92891516{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}
F test that all u_i=0: F({res}153{txt}, {res}3636{txt}) = {res}265.58{col 62}{txt}Prob > F = {res}0.0000

{com}. 
. 
. 
. xtreg electoral_democracy wealth_bottom_50 GDPpercapita i.year, fe
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     3,834
{txt}Group variable: {res}country_1{txt}{col 49}Number of groups{col 67}={col 69}{res}       154

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.2381{col 63}{txt}min{col 67}={col 69}{res}        21
{txt}     between = {res}0.0352{col 63}{txt}avg{col 67}={col 69}{res}      24.9
{txt}     overall = {res}0.0002{col 63}{txt}max{col 67}={col 69}{res}       101

{txt}{col 49}F({res}103{txt},{res}3577{txt}){col 67}={col 70}{res}    10.86
{txt}corr(u_i, Xb){col 16}= {res}-0.1969{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}electoral_~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
wealth_bo~50 {c |}{col 14}{res}{space 2} .3253775{col 26}{space 2} .1219933{col 37}{space 1}    2.67{col 46}{space 3}0.008{col 54}{space 4} .0861941{col 67}{space 3}  .564561
{txt}GDPpercapita {c |}{col 14}{res}{space 2}-4.91e-07{col 26}{space 2} 2.27e-07{col 37}{space 1}   -2.17{col 46}{space 3}0.030{col 54}{space 4}-9.36e-07{col 67}{space 3}-4.69e-08
{txt}{space 12} {c |}
{space 8}year {c |}
{space 7}1915  {c |}{col 14}{res}{space 2}-.0541038{col 26}{space 2} .0984196{col 37}{space 1}   -0.55{col 46}{space 3}0.583{col 54}{space 4}-.2470679{col 67}{space 3} .1388604
{txt}{space 7}1916  {c |}{col 14}{res}{space 2}  -.05374{col 26}{space 2} .0984196{col 37}{space 1}   -0.55{col 46}{space 3}0.585{col 54}{space 4}-.2467043{col 67}{space 3} .1392242
{txt}{space 7}1917  {c |}{col 14}{res}{space 2}-.0539567{col 26}{space 2} .0984195{col 37}{space 1}   -0.55{col 46}{space 3}0.584{col 54}{space 4}-.2469205{col 67}{space 3} .1390072
{txt}{space 7}1918  {c |}{col 14}{res}{space 2}-.0483806{col 26}{space 2} .0984197{col 37}{space 1}   -0.49{col 46}{space 3}0.623{col 54}{space 4}-.2413449{col 67}{space 3} .1445837
{txt}{space 7}1919  {c |}{col 14}{res}{space 2}-.0320553{col 26}{space 2} .0984195{col 37}{space 1}   -0.33{col 46}{space 3}0.745{col 54}{space 4}-.2250192{col 67}{space 3} .1609086
{txt}{space 7}1920  {c |}{col 14}{res}{space 2} .0031078{col 26}{space 2} .0984195{col 37}{space 1}    0.03{col 46}{space 3}0.975{col 54}{space 4}-.1898562{col 67}{space 3} .1960718
{txt}{space 7}1921  {c |}{col 14}{res}{space 2} .0028908{col 26}{space 2} .0984195{col 37}{space 1}    0.03{col 46}{space 3}0.977{col 54}{space 4}-.1900732{col 67}{space 3} .1958547
{txt}{space 7}1922  {c |}{col 14}{res}{space 2} .0032448{col 26}{space 2} .0984198{col 37}{space 1}    0.03{col 46}{space 3}0.974{col 54}{space 4}-.1897197{col 67}{space 3} .1962094
{txt}{space 7}1923  {c |}{col 14}{res}{space 2} .0033253{col 26}{space 2}   .09842{col 37}{space 1}    0.03{col 46}{space 3}0.973{col 54}{space 4}-.1896396{col 67}{space 3} .1962901
{txt}{space 7}1924  {c |}{col 14}{res}{space 2}  .001723{col 26}{space 2} .0984205{col 37}{space 1}    0.02{col 46}{space 3}0.986{col 54}{space 4}-.1912429{col 67}{space 3} .1946889
{txt}{space 7}1925  {c |}{col 14}{res}{space 2}  -.00502{col 26}{space 2}  .098427{col 37}{space 1}   -0.05{col 46}{space 3}0.959{col 54}{space 4}-.1979986{col 67}{space 3} .1879586
{txt}{space 7}1926  {c |}{col 14}{res}{space 2}-.0054432{col 26}{space 2} .0984294{col 37}{space 1}   -0.06{col 46}{space 3}0.956{col 54}{space 4}-.1984266{col 67}{space 3} .1875402
{txt}{space 7}1927  {c |}{col 14}{res}{space 2} -.004737{col 26}{space 2} .0984258{col 37}{space 1}   -0.05{col 46}{space 3}0.962{col 54}{space 4}-.1977132{col 67}{space 3} .1882392
{txt}{space 7}1929  {c |}{col 14}{res}{space 2}-.0045853{col 26}{space 2} .0984245{col 37}{space 1}   -0.05{col 46}{space 3}0.963{col 54}{space 4}-.1975591{col 67}{space 3} .1883884
{txt}{space 7}1930  {c |}{col 14}{res}{space 2}-.0041717{col 26}{space 2} .0984227{col 37}{space 1}   -0.04{col 46}{space 3}0.966{col 54}{space 4}-.1971419{col 67}{space 3} .1887985
{txt}{space 7}1931  {c |}{col 14}{res}{space 2}-.0046319{col 26}{space 2} .0984226{col 37}{space 1}   -0.05{col 46}{space 3}0.962{col 54}{space 4}-.1976019{col 67}{space 3} .1883381
{txt}{space 7}1932  {c |}{col 14}{res}{space 2}-.0050433{col 26}{space 2} .0984226{col 37}{space 1}   -0.05{col 46}{space 3}0.959{col 54}{space 4}-.1980134{col 67}{space 3} .1879268
{txt}{space 7}1933  {c |}{col 14}{res}{space 2} -.005117{col 26}{space 2}  .098424{col 37}{space 1}   -0.05{col 46}{space 3}0.959{col 54}{space 4}-.1980897{col 67}{space 3} .1878557
{txt}{space 7}1935  {c |}{col 14}{res}{space 2}-.0059527{col 26}{space 2} .0984263{col 37}{space 1}   -0.06{col 46}{space 3}0.952{col 54}{space 4}  -.19893{col 67}{space 3} .1870245
{txt}{space 7}1936  {c |}{col 14}{res}{space 2}-.0177638{col 26}{space 2} .0984263{col 37}{space 1}   -0.18{col 46}{space 3}0.857{col 54}{space 4}-.2107412{col 67}{space 3} .1752135
{txt}{space 7}1937  {c |}{col 14}{res}{space 2}-.0185737{col 26}{space 2} .0984268{col 37}{space 1}   -0.19{col 46}{space 3}0.850{col 54}{space 4} -.211552{col 67}{space 3} .1744046
{txt}{space 7}1938  {c |}{col 14}{res}{space 2}-.0208025{col 26}{space 2} .0984393{col 37}{space 1}   -0.21{col 46}{space 3}0.833{col 54}{space 4}-.2138052{col 67}{space 3} .1722003
{txt}{space 7}1939  {c |}{col 14}{res}{space 2}-.0359608{col 26}{space 2} .0984361{col 37}{space 1}   -0.37{col 46}{space 3}0.715{col 54}{space 4}-.2289574{col 67}{space 3} .1570358
{txt}{space 7}1940  {c |}{col 14}{res}{space 2}-.3881433{col 26}{space 2} .0984464{col 37}{space 1}   -3.94{col 46}{space 3}0.000{col 54}{space 4}  -.58116{col 67}{space 3}-.1951266
{txt}{space 7}1941  {c |}{col 14}{res}{space 2}-.4907329{col 26}{space 2} .0984311{col 37}{space 1}   -4.99{col 46}{space 3}0.000{col 54}{space 4}-.6837196{col 67}{space 3}-.2977462
{txt}{space 7}1942  {c |}{col 14}{res}{space 2}-.4901108{col 26}{space 2} .0984264{col 37}{space 1}   -4.98{col 46}{space 3}0.000{col 54}{space 4}-.6830884{col 67}{space 3}-.2971333
{txt}{space 7}1943  {c |}{col 14}{res}{space 2}-.4907263{col 26}{space 2} .0984289{col 37}{space 1}   -4.99{col 46}{space 3}0.000{col 54}{space 4}-.6837087{col 67}{space 3}-.2977438
{txt}{space 7}1944  {c |}{col 14}{res}{space 2}-.4903946{col 26}{space 2} .0984307{col 37}{space 1}   -4.98{col 46}{space 3}0.000{col 54}{space 4}-.6833806{col 67}{space 3}-.2974087
{txt}{space 7}1945  {c |}{col 14}{res}{space 2}-.3646672{col 26}{space 2}  .098433{col 37}{space 1}   -3.70{col 46}{space 3}0.000{col 54}{space 4}-.5576576{col 67}{space 3}-.1716767
{txt}{space 7}1946  {c |}{col 14}{res}{space 2}-.2057843{col 26}{space 2} .0984289{col 37}{space 1}   -2.09{col 46}{space 3}0.037{col 54}{space 4}-.3987667{col 67}{space 3}-.0128019
{txt}{space 7}1947  {c |}{col 14}{res}{space 2} .1386239{col 26}{space 2}  .098434{col 37}{space 1}    1.41{col 46}{space 3}0.159{col 54}{space 4}-.0543685{col 67}{space 3} .3316162
{txt}{space 7}1948  {c |}{col 14}{res}{space 2} .1748559{col 26}{space 2} .0984343{col 37}{space 1}    1.78{col 46}{space 3}0.076{col 54}{space 4}-.0181371{col 67}{space 3} .3678489
{txt}{space 7}1949  {c |}{col 14}{res}{space 2} .1740854{col 26}{space 2} .0984443{col 37}{space 1}    1.77{col 46}{space 3}0.077{col 54}{space 4}-.0189273{col 67}{space 3}  .367098
{txt}{space 7}1950  {c |}{col 14}{res}{space 2} .1826635{col 26}{space 2} .0984421{col 37}{space 1}    1.86{col 46}{space 3}0.064{col 54}{space 4}-.0103448{col 67}{space 3} .3756718
{txt}{space 7}1951  {c |}{col 14}{res}{space 2} .1848141{col 26}{space 2} .0984436{col 37}{space 1}    1.88{col 46}{space 3}0.061{col 54}{space 4} -.008197{col 67}{space 3} .3778253
{txt}{space 7}1952  {c |}{col 14}{res}{space 2} .1875693{col 26}{space 2} .0984465{col 37}{space 1}    1.91{col 46}{space 3}0.057{col 54}{space 4}-.0054475{col 67}{space 3} .3805862
{txt}{space 7}1953  {c |}{col 14}{res}{space 2} .1882163{col 26}{space 2} .0984427{col 37}{space 1}    1.91{col 46}{space 3}0.056{col 54}{space 4}-.0047932{col 67}{space 3} .3812259
{txt}{space 7}1954  {c |}{col 14}{res}{space 2} .1583147{col 26}{space 2} .0984619{col 37}{space 1}    1.61{col 46}{space 3}0.108{col 54}{space 4}-.0347324{col 67}{space 3} .3513619
{txt}{space 7}1955  {c |}{col 14}{res}{space 2} .1709603{col 26}{space 2} .0984591{col 37}{space 1}    1.74{col 46}{space 3}0.083{col 54}{space 4}-.0220812{col 67}{space 3} .3640018
{txt}{space 7}1956  {c |}{col 14}{res}{space 2} .1746673{col 26}{space 2} .0984652{col 37}{space 1}    1.77{col 46}{space 3}0.076{col 54}{space 4}-.0183863{col 67}{space 3} .3677209
{txt}{space 7}1957  {c |}{col 14}{res}{space 2} .1849135{col 26}{space 2} .0984669{col 37}{space 1}    1.88{col 46}{space 3}0.060{col 54}{space 4}-.0081434{col 67}{space 3} .3779704
{txt}{space 7}1958  {c |}{col 14}{res}{space 2} .1864005{col 26}{space 2} .0984738{col 37}{space 1}    1.89{col 46}{space 3}0.058{col 54}{space 4}-.0066699{col 67}{space 3} .3794709
{txt}{space 7}1959  {c |}{col 14}{res}{space 2} .1797576{col 26}{space 2} .0984716{col 37}{space 1}    1.83{col 46}{space 3}0.068{col 54}{space 4}-.0133085{col 67}{space 3} .3728238
{txt}{space 7}1960  {c |}{col 14}{res}{space 2} .1774351{col 26}{space 2} .0984816{col 37}{space 1}    1.80{col 46}{space 3}0.072{col 54}{space 4}-.0156507{col 67}{space 3} .3705209
{txt}{space 7}1962  {c |}{col 14}{res}{space 2} .1475418{col 26}{space 2} .0856264{col 37}{space 1}    1.72{col 46}{space 3}0.085{col 54}{space 4}-.0203397{col 67}{space 3} .3154232
{txt}{space 7}1963  {c |}{col 14}{res}{space 2} .1283234{col 26}{space 2}  .099497{col 37}{space 1}    1.29{col 46}{space 3}0.197{col 54}{space 4}-.0667531{col 67}{space 3}    .3234
{txt}{space 7}1964  {c |}{col 14}{res}{space 2} .1654201{col 26}{space 2} .0856278{col 37}{space 1}    1.93{col 46}{space 3}0.053{col 54}{space 4}-.0024641{col 67}{space 3} .3333043
{txt}{space 7}1965  {c |}{col 14}{res}{space 2}  .164593{col 26}{space 2}  .085647{col 37}{space 1}    1.92{col 46}{space 3}0.055{col 54}{space 4} -.003329{col 67}{space 3} .3325149
{txt}{space 7}1966  {c |}{col 14}{res}{space 2} .1760776{col 26}{space 2} .0856732{col 37}{space 1}    2.06{col 46}{space 3}0.040{col 54}{space 4} .0081043{col 67}{space 3} .3440509
{txt}{space 7}1967  {c |}{col 14}{res}{space 2} .1815852{col 26}{space 2} .0856811{col 37}{space 1}    2.12{col 46}{space 3}0.034{col 54}{space 4} .0135966{col 67}{space 3} .3495739
{txt}{space 7}1968  {c |}{col 14}{res}{space 2} .1799986{col 26}{space 2} .0857342{col 37}{space 1}    2.10{col 46}{space 3}0.036{col 54}{space 4} .0119057{col 67}{space 3} .3480915
{txt}{space 7}1969  {c |}{col 14}{res}{space 2} .1856567{col 26}{space 2} .0857875{col 37}{space 1}    2.16{col 46}{space 3}0.031{col 54}{space 4} .0174593{col 67}{space 3}  .353854
{txt}{space 7}1970  {c |}{col 14}{res}{space 2}  .215386{col 26}{space 2} .0857323{col 37}{space 1}    2.51{col 46}{space 3}0.012{col 54}{space 4}  .047297{col 67}{space 3}  .383475
{txt}{space 7}1971  {c |}{col 14}{res}{space 2} .2207569{col 26}{space 2} .0857475{col 37}{space 1}    2.57{col 46}{space 3}0.010{col 54}{space 4}  .052638{col 67}{space 3} .3888757
{txt}{space 7}1972  {c |}{col 14}{res}{space 2} .2226998{col 26}{space 2} .0857674{col 37}{space 1}    2.60{col 46}{space 3}0.009{col 54}{space 4} .0545419{col 67}{space 3} .3908577
{txt}{space 7}1973  {c |}{col 14}{res}{space 2} .2370481{col 26}{space 2} .0857813{col 37}{space 1}    2.76{col 46}{space 3}0.006{col 54}{space 4}  .068863{col 67}{space 3} .4052332
{txt}{space 7}1974  {c |}{col 14}{res}{space 2} .2427551{col 26}{space 2} .0857505{col 37}{space 1}    2.83{col 46}{space 3}0.005{col 54}{space 4} .0746304{col 67}{space 3} .4108798
{txt}{space 7}1975  {c |}{col 14}{res}{space 2} .2549903{col 26}{space 2} .0857779{col 37}{space 1}    2.97{col 46}{space 3}0.003{col 54}{space 4} .0868118{col 67}{space 3} .4231688
{txt}{space 7}1976  {c |}{col 14}{res}{space 2} .2604562{col 26}{space 2} .0858012{col 37}{space 1}    3.04{col 46}{space 3}0.002{col 54}{space 4}  .092232{col 67}{space 3} .4286804
{txt}{space 7}1977  {c |}{col 14}{res}{space 2}  .277891{col 26}{space 2} .0858232{col 37}{space 1}    3.24{col 46}{space 3}0.001{col 54}{space 4} .1096237{col 67}{space 3} .4461583
{txt}{space 7}1978  {c |}{col 14}{res}{space 2} .2816763{col 26}{space 2} .0858228{col 37}{space 1}    3.28{col 46}{space 3}0.001{col 54}{space 4} .1134098{col 67}{space 3} .4499429
{txt}{space 7}1979  {c |}{col 14}{res}{space 2} .2823796{col 26}{space 2} .0858332{col 37}{space 1}    3.29{col 46}{space 3}0.001{col 54}{space 4} .1140926{col 67}{space 3} .4506666
{txt}{space 7}1980  {c |}{col 14}{res}{space 2} .2924987{col 26}{space 2} .0811702{col 37}{space 1}    3.60{col 46}{space 3}0.000{col 54}{space 4} .1333542{col 67}{space 3} .4516433
{txt}{space 7}1981  {c |}{col 14}{res}{space 2} .2976987{col 26}{space 2} .0786782{col 37}{space 1}    3.78{col 46}{space 3}0.000{col 54}{space 4} .1434401{col 67}{space 3} .4519572
{txt}{space 7}1982  {c |}{col 14}{res}{space 2} .2993443{col 26}{space 2} .0812293{col 37}{space 1}    3.69{col 46}{space 3}0.000{col 54}{space 4} .1400839{col 67}{space 3} .4586047
{txt}{space 7}1983  {c |}{col 14}{res}{space 2} .2972808{col 26}{space 2}  .081327{col 37}{space 1}    3.66{col 46}{space 3}0.000{col 54}{space 4} .1378288{col 67}{space 3} .4567328
{txt}{space 7}1984  {c |}{col 14}{res}{space 2} .3062762{col 26}{space 2} .0787171{col 37}{space 1}    3.89{col 46}{space 3}0.000{col 54}{space 4} .1519413{col 67}{space 3} .4606111
{txt}{space 7}1985  {c |}{col 14}{res}{space 2} .3076359{col 26}{space 2} .0787085{col 37}{space 1}    3.91{col 46}{space 3}0.000{col 54}{space 4} .1533178{col 67}{space 3} .4619539
{txt}{space 7}1986  {c |}{col 14}{res}{space 2} .3105229{col 26}{space 2} .0786623{col 37}{space 1}    3.95{col 46}{space 3}0.000{col 54}{space 4} .1562953{col 67}{space 3} .4647504
{txt}{space 7}1987  {c |}{col 14}{res}{space 2} .3137364{col 26}{space 2} .0786242{col 37}{space 1}    3.99{col 46}{space 3}0.000{col 54}{space 4} .1595836{col 67}{space 3} .4678893
{txt}{space 7}1988  {c |}{col 14}{res}{space 2} .3155628{col 26}{space 2} .0786197{col 37}{space 1}    4.01{col 46}{space 3}0.000{col 54}{space 4} .1614189{col 67}{space 3} .4697067
{txt}{space 7}1989  {c |}{col 14}{res}{space 2} .3151328{col 26}{space 2} .0786247{col 37}{space 1}    4.01{col 46}{space 3}0.000{col 54}{space 4}  .160979{col 67}{space 3} .4692866
{txt}{space 7}1990  {c |}{col 14}{res}{space 2} .3165114{col 26}{space 2} .0786224{col 37}{space 1}    4.03{col 46}{space 3}0.000{col 54}{space 4} .1623622{col 67}{space 3} .4706606
{txt}{space 7}1991  {c |}{col 14}{res}{space 2}  .313903{col 26}{space 2} .0771403{col 37}{space 1}    4.07{col 46}{space 3}0.000{col 54}{space 4} .1626596{col 67}{space 3} .4651465
{txt}{space 7}1992  {c |}{col 14}{res}{space 2} .3189036{col 26}{space 2} .0786216{col 37}{space 1}    4.06{col 46}{space 3}0.000{col 54}{space 4} .1647558{col 67}{space 3} .4730514
{txt}{space 7}1993  {c |}{col 14}{res}{space 2} .3167046{col 26}{space 2}  .076166{col 37}{space 1}    4.16{col 46}{space 3}0.000{col 54}{space 4} .1673716{col 67}{space 3} .4660377
{txt}{space 7}1994  {c |}{col 14}{res}{space 2} .3172607{col 26}{space 2} .0771806{col 37}{space 1}    4.11{col 46}{space 3}0.000{col 54}{space 4} .1659384{col 67}{space 3}  .468583
{txt}{space 7}1995  {c |}{col 14}{res}{space 2} .2812311{col 26}{space 2} .0712165{col 37}{space 1}    3.95{col 46}{space 3}0.000{col 54}{space 4} .1416021{col 67}{space 3} .4208602
{txt}{space 7}1996  {c |}{col 14}{res}{space 2} .2871839{col 26}{space 2} .0712215{col 37}{space 1}    4.03{col 46}{space 3}0.000{col 54}{space 4} .1475451{col 67}{space 3} .4268227
{txt}{space 7}1997  {c |}{col 14}{res}{space 2} .2951635{col 26}{space 2} .0712305{col 37}{space 1}    4.14{col 46}{space 3}0.000{col 54}{space 4}  .155507{col 67}{space 3} .4348201
{txt}{space 7}1998  {c |}{col 14}{res}{space 2}  .298185{col 26}{space 2} .0712351{col 37}{space 1}    4.19{col 46}{space 3}0.000{col 54}{space 4} .1585195{col 67}{space 3} .4378505
{txt}{space 7}1999  {c |}{col 14}{res}{space 2} .2993716{col 26}{space 2} .0712442{col 37}{space 1}    4.20{col 46}{space 3}0.000{col 54}{space 4} .1596882{col 67}{space 3}  .439055
{txt}{space 7}2000  {c |}{col 14}{res}{space 2} .3053843{col 26}{space 2} .0712589{col 37}{space 1}    4.29{col 46}{space 3}0.000{col 54}{space 4} .1656722{col 67}{space 3} .4450964
{txt}{space 7}2001  {c |}{col 14}{res}{space 2} .3092592{col 26}{space 2} .0712691{col 37}{space 1}    4.34{col 46}{space 3}0.000{col 54}{space 4}  .169527{col 67}{space 3} .4489914
{txt}{space 7}2002  {c |}{col 14}{res}{space 2} .3162678{col 26}{space 2} .0712804{col 37}{space 1}    4.44{col 46}{space 3}0.000{col 54}{space 4} .1765135{col 67}{space 3} .4560221
{txt}{space 7}2003  {c |}{col 14}{res}{space 2} .3224423{col 26}{space 2} .0712898{col 37}{space 1}    4.52{col 46}{space 3}0.000{col 54}{space 4} .1826696{col 67}{space 3} .4622151
{txt}{space 7}2004  {c |}{col 14}{res}{space 2}  .323587{col 26}{space 2} .0713117{col 37}{space 1}    4.54{col 46}{space 3}0.000{col 54}{space 4} .1837714{col 67}{space 3} .4634026
{txt}{space 7}2005  {c |}{col 14}{res}{space 2} .3278071{col 26}{space 2} .0713277{col 37}{space 1}    4.60{col 46}{space 3}0.000{col 54}{space 4}   .18796{col 67}{space 3} .4676542
{txt}{space 7}2006  {c |}{col 14}{res}{space 2} .3332853{col 26}{space 2} .0713378{col 37}{space 1}    4.67{col 46}{space 3}0.000{col 54}{space 4} .1934184{col 67}{space 3} .4731521
{txt}{space 7}2007  {c |}{col 14}{res}{space 2} .3327859{col 26}{space 2} .0713502{col 37}{space 1}    4.66{col 46}{space 3}0.000{col 54}{space 4} .1928947{col 67}{space 3} .4726771
{txt}{space 7}2008  {c |}{col 14}{res}{space 2} .3335268{col 26}{space 2} .0713632{col 37}{space 1}    4.67{col 46}{space 3}0.000{col 54}{space 4} .1936101{col 67}{space 3} .4734434
{txt}{space 7}2009  {c |}{col 14}{res}{space 2} .3340797{col 26}{space 2} .0713536{col 37}{space 1}    4.68{col 46}{space 3}0.000{col 54}{space 4} .1941819{col 67}{space 3} .4739775
{txt}{space 7}2010  {c |}{col 14}{res}{space 2}  .335236{col 26}{space 2} .0713708{col 37}{space 1}    4.70{col 46}{space 3}0.000{col 54}{space 4} .1953045{col 67}{space 3} .4751675
{txt}{space 7}2011  {c |}{col 14}{res}{space 2} .3417667{col 26}{space 2} .0713812{col 37}{space 1}    4.79{col 46}{space 3}0.000{col 54}{space 4} .2018147{col 67}{space 3} .4817187
{txt}{space 7}2012  {c |}{col 14}{res}{space 2}  .343452{col 26}{space 2} .0713953{col 37}{space 1}    4.81{col 46}{space 3}0.000{col 54}{space 4} .2034724{col 67}{space 3} .4834316
{txt}{space 7}2013  {c |}{col 14}{res}{space 2} .3388759{col 26}{space 2} .0713939{col 37}{space 1}    4.75{col 46}{space 3}0.000{col 54}{space 4}  .198899{col 67}{space 3} .4788528
{txt}{space 7}2014  {c |}{col 14}{res}{space 2} .3387998{col 26}{space 2}  .071404{col 37}{space 1}    4.74{col 46}{space 3}0.000{col 54}{space 4} .1988032{col 67}{space 3} .4787964
{txt}{space 7}2015  {c |}{col 14}{res}{space 2} .3348996{col 26}{space 2} .0714139{col 37}{space 1}    4.69{col 46}{space 3}0.000{col 54}{space 4} .1948835{col 67}{space 3} .4749157
{txt}{space 7}2016  {c |}{col 14}{res}{space 2} .3331593{col 26}{space 2} .0714181{col 37}{space 1}    4.66{col 46}{space 3}0.000{col 54}{space 4} .1931349{col 67}{space 3} .4731837
{txt}{space 7}2017  {c |}{col 14}{res}{space 2} .3302186{col 26}{space 2} .0714304{col 37}{space 1}    4.62{col 46}{space 3}0.000{col 54}{space 4} .1901701{col 67}{space 3}  .470267
{txt}{space 7}2018  {c |}{col 14}{res}{space 2} .3294449{col 26}{space 2} .0714415{col 37}{space 1}    4.61{col 46}{space 3}0.000{col 54}{space 4} .1893747{col 67}{space 3}  .469515
{txt}{space 12} {c |}
{space 7}_cons {c |}{col 14}{res}{space 2} .2172256{col 26}{space 2} .0705357{col 37}{space 1}    3.08{col 46}{space 3}0.002{col 54}{space 4} .0789313{col 67}{space 3} .3555198
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .25766088
     {txt}sigma_e {c |} {res} .06959307
         {txt}rho {c |} {res} .93200847{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}
F test that all u_i=0: F({res}153{txt}, {res}3577{txt}) = {res}286.17{col 62}{txt}Prob > F = {res}0.0000

{com}. 
. 
. 
. xtreg liberal_democracy wealth_gini GDPpercapita i.year, fe
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     3,826
{txt}Group variable: {res}country_1{txt}{col 49}Number of groups{col 67}={col 69}{res}       154

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.2661{col 63}{txt}min{col 67}={col 69}{res}        17
{txt}     between = {res}0.0453{col 63}{txt}avg{col 67}={col 69}{res}      24.8
{txt}     overall = {res}0.0024{col 63}{txt}max{col 67}={col 69}{res}       101

{txt}{col 49}F({res}103{txt},{res}3569{txt}){col 67}={col 70}{res}    12.56
{txt}corr(u_i, Xb){col 16}= {res}-0.2270{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}liberal_de~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}wealth_gini {c |}{col 14}{res}{space 2}-.1345911{col 26}{space 2} .0431138{col 37}{space 1}   -3.12{col 46}{space 3}0.002{col 54}{space 4}-.2191213{col 67}{space 3}-.0500608
{txt}GDPpercapita {c |}{col 14}{res}{space 2}-5.46e-07{col 26}{space 2} 2.06e-07{col 37}{space 1}   -2.65{col 46}{space 3}0.008{col 54}{space 4}-9.50e-07{col 67}{space 3}-1.42e-07
{txt}{space 12} {c |}
{space 8}year {c |}
{space 7}1915  {c |}{col 14}{res}{space 2}-.0480689{col 26}{space 2} .0888863{col 37}{space 1}   -0.54{col 46}{space 3}0.589{col 54}{space 4}-.2223419{col 67}{space 3} .1262041
{txt}{space 7}1916  {c |}{col 14}{res}{space 2}-.0478133{col 26}{space 2} .0888864{col 37}{space 1}   -0.54{col 46}{space 3}0.591{col 54}{space 4}-.2220865{col 67}{space 3} .1264599
{txt}{space 7}1917  {c |}{col 14}{res}{space 2} -.048206{col 26}{space 2} .0888862{col 37}{space 1}   -0.54{col 46}{space 3}0.588{col 54}{space 4}-.2224788{col 67}{space 3} .1260669
{txt}{space 7}1918  {c |}{col 14}{res}{space 2}-.0449159{col 26}{space 2} .0888864{col 37}{space 1}   -0.51{col 46}{space 3}0.613{col 54}{space 4}-.2191892{col 67}{space 3} .1293574
{txt}{space 7}1919  {c |}{col 14}{res}{space 2}-.0258705{col 26}{space 2} .0888865{col 37}{space 1}   -0.29{col 46}{space 3}0.771{col 54}{space 4}-.2001439{col 67}{space 3} .1484029
{txt}{space 7}1920  {c |}{col 14}{res}{space 2} .0007838{col 26}{space 2} .0888875{col 37}{space 1}    0.01{col 46}{space 3}0.993{col 54}{space 4}-.1734915{col 67}{space 3} .1750591
{txt}{space 7}1921  {c |}{col 14}{res}{space 2} .0001536{col 26}{space 2} .0888884{col 37}{space 1}    0.00{col 46}{space 3}0.999{col 54}{space 4}-.1741235{col 67}{space 3} .1744307
{txt}{space 7}1922  {c |}{col 14}{res}{space 2} .0002182{col 26}{space 2} .0888897{col 37}{space 1}    0.00{col 46}{space 3}0.998{col 54}{space 4}-.1740616{col 67}{space 3}  .174498
{txt}{space 7}1923  {c |}{col 14}{res}{space 2} .0000379{col 26}{space 2} .0888908{col 37}{space 1}    0.00{col 46}{space 3}1.000{col 54}{space 4} -.174244{col 67}{space 3} .1743198
{txt}{space 7}1924  {c |}{col 14}{res}{space 2} .0003506{col 26}{space 2} .0888916{col 37}{space 1}    0.00{col 46}{space 3}0.997{col 54}{space 4}-.1739329{col 67}{space 3} .1746341
{txt}{space 7}1925  {c |}{col 14}{res}{space 2}-.0062393{col 26}{space 2} .0889038{col 37}{space 1}   -0.07{col 46}{space 3}0.944{col 54}{space 4}-.1805467{col 67}{space 3} .1680681
{txt}{space 7}1926  {c |}{col 14}{res}{space 2}-.0063007{col 26}{space 2} .0889048{col 37}{space 1}   -0.07{col 46}{space 3}0.944{col 54}{space 4}-.1806101{col 67}{space 3} .1680087
{txt}{space 7}1927  {c |}{col 14}{res}{space 2}-.0052599{col 26}{space 2} .0888982{col 37}{space 1}   -0.06{col 46}{space 3}0.953{col 54}{space 4}-.1795563{col 67}{space 3} .1690365
{txt}{space 7}1929  {c |}{col 14}{res}{space 2}-.0041046{col 26}{space 2} .0888963{col 37}{space 1}   -0.05{col 46}{space 3}0.963{col 54}{space 4}-.1783971{col 67}{space 3}  .170188
{txt}{space 7}1930  {c |}{col 14}{res}{space 2}-.0040884{col 26}{space 2} .0888951{col 37}{space 1}   -0.05{col 46}{space 3}0.963{col 54}{space 4}-.1783787{col 67}{space 3} .1702019
{txt}{space 7}1931  {c |}{col 14}{res}{space 2} -.005485{col 26}{space 2} .0888999{col 37}{space 1}   -0.06{col 46}{space 3}0.951{col 54}{space 4}-.1797848{col 67}{space 3} .1688147
{txt}{space 7}1932  {c |}{col 14}{res}{space 2}-.0064429{col 26}{space 2} .0889036{col 37}{space 1}   -0.07{col 46}{space 3}0.942{col 54}{space 4}-.1807499{col 67}{space 3}  .167864
{txt}{space 7}1933  {c |}{col 14}{res}{space 2}-.0061732{col 26}{space 2}  .088904{col 37}{space 1}   -0.07{col 46}{space 3}0.945{col 54}{space 4}-.1804808{col 67}{space 3} .1681345
{txt}{space 7}1935  {c |}{col 14}{res}{space 2}-.0083023{col 26}{space 2} .0889104{col 37}{space 1}   -0.09{col 46}{space 3}0.926{col 54}{space 4}-.1826226{col 67}{space 3} .1660181
{txt}{space 7}1936  {c |}{col 14}{res}{space 2}-.0165013{col 26}{space 2} .0889133{col 37}{space 1}   -0.19{col 46}{space 3}0.853{col 54}{space 4}-.1908272{col 67}{space 3} .1578247
{txt}{space 7}1937  {c |}{col 14}{res}{space 2}-.0175119{col 26}{space 2} .0889156{col 37}{space 1}   -0.20{col 46}{space 3}0.844{col 54}{space 4}-.1918424{col 67}{space 3} .1568187
{txt}{space 7}1938  {c |}{col 14}{res}{space 2}-.0190597{col 26}{space 2} .0889292{col 37}{space 1}   -0.21{col 46}{space 3}0.830{col 54}{space 4}-.1934169{col 67}{space 3} .1552975
{txt}{space 7}1939  {c |}{col 14}{res}{space 2}-.0288678{col 26}{space 2} .0889217{col 37}{space 1}   -0.32{col 46}{space 3}0.745{col 54}{space 4}-.2032103{col 67}{space 3} .1454747
{txt}{space 7}1940  {c |}{col 14}{res}{space 2}-.3589321{col 26}{space 2} .0889442{col 37}{space 1}   -4.04{col 46}{space 3}0.000{col 54}{space 4}-.5333187{col 67}{space 3}-.1845456
{txt}{space 7}1941  {c |}{col 14}{res}{space 2}-.4217934{col 26}{space 2} .0889343{col 37}{space 1}   -4.74{col 46}{space 3}0.000{col 54}{space 4}-.5961605{col 67}{space 3}-.2474263
{txt}{space 7}1942  {c |}{col 14}{res}{space 2}-.4212052{col 26}{space 2} .0889252{col 37}{space 1}   -4.74{col 46}{space 3}0.000{col 54}{space 4}-.5955544{col 67}{space 3}-.2468559
{txt}{space 7}1943  {c |}{col 14}{res}{space 2}-.4199956{col 26}{space 2} .0889136{col 37}{space 1}   -4.72{col 46}{space 3}0.000{col 54}{space 4}-.5943222{col 67}{space 3} -.245669
{txt}{space 7}1944  {c |}{col 14}{res}{space 2}-.4207548{col 26}{space 2} .0889165{col 37}{space 1}   -4.73{col 46}{space 3}0.000{col 54}{space 4}-.5950872{col 67}{space 3}-.2464225
{txt}{space 7}1945  {c |}{col 14}{res}{space 2}-.3012562{col 26}{space 2} .0889318{col 37}{space 1}   -3.39{col 46}{space 3}0.001{col 54}{space 4}-.4756184{col 67}{space 3} -.126894
{txt}{space 7}1946  {c |}{col 14}{res}{space 2}-.2119978{col 26}{space 2} .0889546{col 37}{space 1}   -2.38{col 46}{space 3}0.017{col 54}{space 4}-.3864048{col 67}{space 3}-.0375909
{txt}{space 7}1947  {c |}{col 14}{res}{space 2} .1209759{col 26}{space 2} .0889722{col 37}{space 1}    1.36{col 46}{space 3}0.174{col 54}{space 4}-.0534655{col 67}{space 3} .2954173
{txt}{space 7}1948  {c |}{col 14}{res}{space 2} .1518983{col 26}{space 2} .0889633{col 37}{space 1}    1.71{col 46}{space 3}0.088{col 54}{space 4}-.0225258{col 67}{space 3} .3263224
{txt}{space 7}1949  {c |}{col 14}{res}{space 2} .1529851{col 26}{space 2} .0889573{col 37}{space 1}    1.72{col 46}{space 3}0.086{col 54}{space 4}-.0214272{col 67}{space 3} .3273974
{txt}{space 7}1950  {c |}{col 14}{res}{space 2} .1596773{col 26}{space 2} .0889522{col 37}{space 1}    1.80{col 46}{space 3}0.073{col 54}{space 4} -.014725{col 67}{space 3} .3340796
{txt}{space 7}1951  {c |}{col 14}{res}{space 2} .1595412{col 26}{space 2} .0889853{col 37}{space 1}    1.79{col 46}{space 3}0.073{col 54}{space 4}-.0149259{col 67}{space 3} .3340084
{txt}{space 7}1952  {c |}{col 14}{res}{space 2}  .163884{col 26}{space 2} .0889552{col 37}{space 1}    1.84{col 46}{space 3}0.066{col 54}{space 4}-.0105241{col 67}{space 3} .3382922
{txt}{space 7}1953  {c |}{col 14}{res}{space 2} .1645884{col 26}{space 2} .0889486{col 37}{space 1}    1.85{col 46}{space 3}0.064{col 54}{space 4}-.0098068{col 67}{space 3} .3389836
{txt}{space 7}1954  {c |}{col 14}{res}{space 2} .1337712{col 26}{space 2} .0889899{col 37}{space 1}    1.50{col 46}{space 3}0.133{col 54}{space 4}-.0407049{col 67}{space 3} .3082473
{txt}{space 7}1955  {c |}{col 14}{res}{space 2}  .148043{col 26}{space 2} .0889909{col 37}{space 1}    1.66{col 46}{space 3}0.096{col 54}{space 4}-.0264352{col 67}{space 3} .3225212
{txt}{space 7}1956  {c |}{col 14}{res}{space 2} .1482866{col 26}{space 2} .0889919{col 37}{space 1}    1.67{col 46}{space 3}0.096{col 54}{space 4}-.0261935{col 67}{space 3} .3227666
{txt}{space 7}1957  {c |}{col 14}{res}{space 2} .1590263{col 26}{space 2} .0889868{col 37}{space 1}    1.79{col 46}{space 3}0.074{col 54}{space 4}-.0154437{col 67}{space 3} .3334963
{txt}{space 7}1958  {c |}{col 14}{res}{space 2} .1548166{col 26}{space 2} .0890071{col 37}{space 1}    1.74{col 46}{space 3}0.082{col 54}{space 4}-.0196932{col 67}{space 3} .3293264
{txt}{space 7}1959  {c |}{col 14}{res}{space 2}  .157024{col 26}{space 2} .0889909{col 37}{space 1}    1.76{col 46}{space 3}0.078{col 54}{space 4}-.0174541{col 67}{space 3} .3315021
{txt}{space 7}1960  {c |}{col 14}{res}{space 2} .1582081{col 26}{space 2} .0889963{col 37}{space 1}    1.78{col 46}{space 3}0.076{col 54}{space 4}-.0162806{col 67}{space 3} .3326967
{txt}{space 7}1962  {c |}{col 14}{res}{space 2} .1243159{col 26}{space 2} .0774502{col 37}{space 1}    1.61{col 46}{space 3}0.109{col 54}{space 4}-.0275352{col 67}{space 3} .2761671
{txt}{space 7}1963  {c |}{col 14}{res}{space 2}  .100411{col 26}{space 2} .0900144{col 37}{space 1}    1.12{col 46}{space 3}0.265{col 54}{space 4}-.0760738{col 67}{space 3} .2768958
{txt}{space 7}1964  {c |}{col 14}{res}{space 2} .1454757{col 26}{space 2} .0774337{col 37}{space 1}    1.88{col 46}{space 3}0.060{col 54}{space 4}-.0063431{col 67}{space 3} .2972945
{txt}{space 7}1965  {c |}{col 14}{res}{space 2}  .146156{col 26}{space 2} .0774564{col 37}{space 1}    1.89{col 46}{space 3}0.059{col 54}{space 4}-.0057073{col 67}{space 3} .2980193
{txt}{space 7}1966  {c |}{col 14}{res}{space 2} .1620482{col 26}{space 2} .0774895{col 37}{space 1}    2.09{col 46}{space 3}0.037{col 54}{space 4} .0101201{col 67}{space 3} .3139763
{txt}{space 7}1967  {c |}{col 14}{res}{space 2} .1663502{col 26}{space 2} .0775177{col 37}{space 1}    2.15{col 46}{space 3}0.032{col 54}{space 4} .0143668{col 67}{space 3} .3183337
{txt}{space 7}1968  {c |}{col 14}{res}{space 2} .1645512{col 26}{space 2}  .077571{col 37}{space 1}    2.12{col 46}{space 3}0.034{col 54}{space 4} .0124632{col 67}{space 3} .3166392
{txt}{space 7}1969  {c |}{col 14}{res}{space 2} .1854365{col 26}{space 2} .0776559{col 37}{space 1}    2.39{col 46}{space 3}0.017{col 54}{space 4} .0331821{col 67}{space 3}  .337691
{txt}{space 7}1970  {c |}{col 14}{res}{space 2} .2203298{col 26}{space 2} .0776673{col 37}{space 1}    2.84{col 46}{space 3}0.005{col 54}{space 4}  .068053{col 67}{space 3} .3726066
{txt}{space 7}1971  {c |}{col 14}{res}{space 2} .2271631{col 26}{space 2} .0776881{col 37}{space 1}    2.92{col 46}{space 3}0.003{col 54}{space 4} .0748456{col 67}{space 3} .3794806
{txt}{space 7}1972  {c |}{col 14}{res}{space 2} .2306601{col 26}{space 2} .0776942{col 37}{space 1}    2.97{col 46}{space 3}0.003{col 54}{space 4} .0783306{col 67}{space 3} .3829895
{txt}{space 7}1973  {c |}{col 14}{res}{space 2} .2503102{col 26}{space 2} .0777181{col 37}{space 1}    3.22{col 46}{space 3}0.001{col 54}{space 4} .0979338{col 67}{space 3} .4026867
{txt}{space 7}1974  {c |}{col 14}{res}{space 2} .2547142{col 26}{space 2} .0777236{col 37}{space 1}    3.28{col 46}{space 3}0.001{col 54}{space 4} .1023271{col 67}{space 3} .4071012
{txt}{space 7}1975  {c |}{col 14}{res}{space 2} .2654655{col 26}{space 2} .0777597{col 37}{space 1}    3.41{col 46}{space 3}0.001{col 54}{space 4} .1130076{col 67}{space 3} .4179234
{txt}{space 7}1976  {c |}{col 14}{res}{space 2} .2703805{col 26}{space 2} .0777914{col 37}{space 1}    3.48{col 46}{space 3}0.001{col 54}{space 4} .1178605{col 67}{space 3} .4229005
{txt}{space 7}1977  {c |}{col 14}{res}{space 2} .2878893{col 26}{space 2} .0778165{col 37}{space 1}    3.70{col 46}{space 3}0.000{col 54}{space 4}   .13532{col 67}{space 3} .4404586
{txt}{space 7}1978  {c |}{col 14}{res}{space 2} .2912201{col 26}{space 2} .0778516{col 37}{space 1}    3.74{col 46}{space 3}0.000{col 54}{space 4}  .138582{col 67}{space 3} .4438582
{txt}{space 7}1979  {c |}{col 14}{res}{space 2} .2921135{col 26}{space 2} .0778573{col 37}{space 1}    3.75{col 46}{space 3}0.000{col 54}{space 4} .1394643{col 67}{space 3} .4447627
{txt}{space 7}1980  {c |}{col 14}{res}{space 2} .3031591{col 26}{space 2} .0737022{col 37}{space 1}    4.11{col 46}{space 3}0.000{col 54}{space 4} .1586564{col 67}{space 3} .4476617
{txt}{space 7}1981  {c |}{col 14}{res}{space 2} .3063654{col 26}{space 2}  .071461{col 37}{space 1}    4.29{col 46}{space 3}0.000{col 54}{space 4}  .166257{col 67}{space 3} .4464739
{txt}{space 7}1982  {c |}{col 14}{res}{space 2} .3115889{col 26}{space 2}  .073751{col 37}{space 1}    4.22{col 46}{space 3}0.000{col 54}{space 4} .1669905{col 67}{space 3} .4561873
{txt}{space 7}1983  {c |}{col 14}{res}{space 2} .3108038{col 26}{space 2} .0738092{col 37}{space 1}    4.21{col 46}{space 3}0.000{col 54}{space 4} .1660914{col 67}{space 3} .4555163
{txt}{space 7}1984  {c |}{col 14}{res}{space 2} .3174404{col 26}{space 2} .0714597{col 37}{space 1}    4.44{col 46}{space 3}0.000{col 54}{space 4} .1773344{col 67}{space 3} .4575464
{txt}{space 7}1985  {c |}{col 14}{res}{space 2} .3184381{col 26}{space 2} .0714524{col 37}{space 1}    4.46{col 46}{space 3}0.000{col 54}{space 4} .1783464{col 67}{space 3} .4585298
{txt}{space 7}1986  {c |}{col 14}{res}{space 2} .3217173{col 26}{space 2} .0714245{col 37}{space 1}    4.50{col 46}{space 3}0.000{col 54}{space 4} .1816804{col 67}{space 3} .4617543
{txt}{space 7}1987  {c |}{col 14}{res}{space 2} .3260421{col 26}{space 2} .0713829{col 37}{space 1}    4.57{col 46}{space 3}0.000{col 54}{space 4} .1860868{col 67}{space 3} .4659974
{txt}{space 7}1988  {c |}{col 14}{res}{space 2} .3286576{col 26}{space 2} .0713507{col 37}{space 1}    4.61{col 46}{space 3}0.000{col 54}{space 4} .1887653{col 67}{space 3} .4685499
{txt}{space 7}1989  {c |}{col 14}{res}{space 2} .3297717{col 26}{space 2} .0713339{col 37}{space 1}    4.62{col 46}{space 3}0.000{col 54}{space 4} .1899125{col 67}{space 3}  .469631
{txt}{space 7}1990  {c |}{col 14}{res}{space 2} .3302145{col 26}{space 2} .0713439{col 37}{space 1}    4.63{col 46}{space 3}0.000{col 54}{space 4} .1903356{col 67}{space 3} .4700935
{txt}{space 7}1991  {c |}{col 14}{res}{space 2} .3270932{col 26}{space 2} .0700156{col 37}{space 1}    4.67{col 46}{space 3}0.000{col 54}{space 4} .1898185{col 67}{space 3} .4643678
{txt}{space 7}1992  {c |}{col 14}{res}{space 2} .3335656{col 26}{space 2} .0713302{col 37}{space 1}    4.68{col 46}{space 3}0.000{col 54}{space 4} .1937137{col 67}{space 3} .4734176
{txt}{space 7}1993  {c |}{col 14}{res}{space 2} .3330203{col 26}{space 2} .0691111{col 37}{space 1}    4.82{col 46}{space 3}0.000{col 54}{space 4} .1975191{col 67}{space 3} .4685214
{txt}{space 7}1994  {c |}{col 14}{res}{space 2} .3343828{col 26}{space 2} .0700164{col 37}{space 1}    4.78{col 46}{space 3}0.000{col 54}{space 4} .1971067{col 67}{space 3} .4716589
{txt}{space 7}1995  {c |}{col 14}{res}{space 2} .3062275{col 26}{space 2}  .064643{col 37}{space 1}    4.74{col 46}{space 3}0.000{col 54}{space 4} .1794866{col 67}{space 3} .4329684
{txt}{space 7}1996  {c |}{col 14}{res}{space 2} .3094474{col 26}{space 2} .0646445{col 37}{space 1}    4.79{col 46}{space 3}0.000{col 54}{space 4} .1827035{col 67}{space 3} .4361914
{txt}{space 7}1997  {c |}{col 14}{res}{space 2} .3137839{col 26}{space 2} .0646497{col 37}{space 1}    4.85{col 46}{space 3}0.000{col 54}{space 4} .1870299{col 67}{space 3} .4405379
{txt}{space 7}1998  {c |}{col 14}{res}{space 2} .3172501{col 26}{space 2} .0646551{col 37}{space 1}    4.91{col 46}{space 3}0.000{col 54}{space 4} .1904856{col 67}{space 3} .4440147
{txt}{space 7}1999  {c |}{col 14}{res}{space 2} .3201992{col 26}{space 2} .0646627{col 37}{space 1}    4.95{col 46}{space 3}0.000{col 54}{space 4} .1934196{col 67}{space 3} .4469788
{txt}{space 7}2000  {c |}{col 14}{res}{space 2} .3274865{col 26}{space 2}  .064678{col 37}{space 1}    5.06{col 46}{space 3}0.000{col 54}{space 4} .2006769{col 67}{space 3} .4542961
{txt}{space 7}2001  {c |}{col 14}{res}{space 2} .3307923{col 26}{space 2}  .064689{col 37}{space 1}    5.11{col 46}{space 3}0.000{col 54}{space 4} .2039613{col 67}{space 3} .4576234
{txt}{space 7}2002  {c |}{col 14}{res}{space 2} .3366688{col 26}{space 2} .0646992{col 37}{space 1}    5.20{col 46}{space 3}0.000{col 54}{space 4} .2098176{col 67}{space 3}   .46352
{txt}{space 7}2003  {c |}{col 14}{res}{space 2} .3405108{col 26}{space 2} .0647082{col 37}{space 1}    5.26{col 46}{space 3}0.000{col 54}{space 4} .2136421{col 67}{space 3} .4673795
{txt}{space 7}2004  {c |}{col 14}{res}{space 2}  .342632{col 26}{space 2} .0647303{col 37}{space 1}    5.29{col 46}{space 3}0.000{col 54}{space 4} .2157199{col 67}{space 3} .4695442
{txt}{space 7}2005  {c |}{col 14}{res}{space 2}  .345344{col 26}{space 2} .0647462{col 37}{space 1}    5.33{col 46}{space 3}0.000{col 54}{space 4} .2184007{col 67}{space 3} .4722873
{txt}{space 7}2006  {c |}{col 14}{res}{space 2} .3498028{col 26}{space 2} .0647504{col 37}{space 1}    5.40{col 46}{space 3}0.000{col 54}{space 4} .2228512{col 67}{space 3} .4767544
{txt}{space 7}2007  {c |}{col 14}{res}{space 2} .3508671{col 26}{space 2} .0647577{col 37}{space 1}    5.42{col 46}{space 3}0.000{col 54}{space 4} .2239012{col 67}{space 3}  .477833
{txt}{space 7}2008  {c |}{col 14}{res}{space 2} .3508652{col 26}{space 2} .0647756{col 37}{space 1}    5.42{col 46}{space 3}0.000{col 54}{space 4} .2238642{col 67}{space 3} .4778661
{txt}{space 7}2009  {c |}{col 14}{res}{space 2} .3505887{col 26}{space 2} .0647732{col 37}{space 1}    5.41{col 46}{space 3}0.000{col 54}{space 4} .2235924{col 67}{space 3}  .477585
{txt}{space 7}2010  {c |}{col 14}{res}{space 2} .3526037{col 26}{space 2} .0647901{col 37}{space 1}    5.44{col 46}{space 3}0.000{col 54}{space 4} .2255743{col 67}{space 3} .4796331
{txt}{space 7}2011  {c |}{col 14}{res}{space 2} .3571431{col 26}{space 2} .0647976{col 37}{space 1}    5.51{col 46}{space 3}0.000{col 54}{space 4} .2300991{col 67}{space 3} .4841871
{txt}{space 7}2012  {c |}{col 14}{res}{space 2} .3580871{col 26}{space 2} .0648169{col 37}{space 1}    5.52{col 46}{space 3}0.000{col 54}{space 4} .2310052{col 67}{space 3} .4851691
{txt}{space 7}2013  {c |}{col 14}{res}{space 2} .3526199{col 26}{space 2}  .064811{col 37}{space 1}    5.44{col 46}{space 3}0.000{col 54}{space 4} .2255496{col 67}{space 3} .4796901
{txt}{space 7}2014  {c |}{col 14}{res}{space 2} .3529202{col 26}{space 2} .0648233{col 37}{space 1}    5.44{col 46}{space 3}0.000{col 54}{space 4} .2258258{col 67}{space 3} .4800147
{txt}{space 7}2015  {c |}{col 14}{res}{space 2} .3511684{col 26}{space 2} .0648332{col 37}{space 1}    5.42{col 46}{space 3}0.000{col 54}{space 4} .2240545{col 67}{space 3} .4782823
{txt}{space 7}2016  {c |}{col 14}{res}{space 2} .3484871{col 26}{space 2} .0648386{col 37}{space 1}    5.37{col 46}{space 3}0.000{col 54}{space 4} .2213626{col 67}{space 3} .4756115
{txt}{space 7}2017  {c |}{col 14}{res}{space 2} .3467752{col 26}{space 2} .0648496{col 37}{space 1}    5.35{col 46}{space 3}0.000{col 54}{space 4} .2196293{col 67}{space 3} .4739211
{txt}{space 7}2018  {c |}{col 14}{res}{space 2} .3454279{col 26}{space 2} .0648597{col 37}{space 1}    5.33{col 46}{space 3}0.000{col 54}{space 4}  .218262{col 67}{space 3} .4725937
{txt}{space 12} {c |}
{space 7}_cons {c |}{col 14}{res}{space 2} .2053623{col 26}{space 2} .0760268{col 37}{space 1}    2.70{col 46}{space 3}0.007{col 54}{space 4} .0563019{col 67}{space 3} .3544226
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .26785421
     {txt}sigma_e {c |} {res} .06285201
         {txt}rho {c |} {res}  .9478128{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}
F test that all u_i=0: F({res}153{txt}, {res}3569{txt}) = {res}333.75{col 62}{txt}Prob > F = {res}0.0000

{com}. 
. 
. 
. xtreg participator_democracy wealth_gini GDPpercapita i.year, fe
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     3,834
{txt}Group variable: {res}country_1{txt}{col 49}Number of groups{col 67}={col 69}{res}       154

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.3199{col 63}{txt}min{col 67}={col 69}{res}        21
{txt}     between = {res}0.0526{col 63}{txt}avg{col 67}={col 69}{res}      24.9
{txt}     overall = {res}0.0022{col 63}{txt}max{col 67}={col 69}{res}       101

{txt}{col 49}F({res}103{txt},{res}3577{txt}){col 67}={col 70}{res}    16.33
{txt}corr(u_i, Xb){col 16}= {res}-0.2422{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1}participat~y{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}wealth_gini {c |}{col 14}{res}{space 2}-.0929221{col 26}{space 2}    .0321{col 37}{space 1}   -2.89{col 46}{space 3}0.004{col 54}{space 4}-.1558582{col 67}{space 3}-.0299859
{txt}GDPpercapita {c |}{col 14}{res}{space 2}-6.48e-07{col 26}{space 2} 1.53e-07{col 37}{space 1}   -4.24{col 46}{space 3}0.000{col 54}{space 4}-9.47e-07{col 67}{space 3}-3.48e-07
{txt}{space 12} {c |}
{space 8}year {c |}
{space 7}1915  {c |}{col 14}{res}{space 2}-.0309256{col 26}{space 2} .0662053{col 37}{space 1}   -0.47{col 46}{space 3}0.640{col 54}{space 4}-.1607294{col 67}{space 3} .0988782
{txt}{space 7}1916  {c |}{col 14}{res}{space 2}-.0306564{col 26}{space 2} .0662053{col 37}{space 1}   -0.46{col 46}{space 3}0.643{col 54}{space 4}-.1604604{col 67}{space 3} .0991476
{txt}{space 7}1917  {c |}{col 14}{res}{space 2}-.0311363{col 26}{space 2} .0662052{col 37}{space 1}   -0.47{col 46}{space 3}0.638{col 54}{space 4}  -.16094{col 67}{space 3} .0986675
{txt}{space 7}1918  {c |}{col 14}{res}{space 2}-.0268776{col 26}{space 2} .0662054{col 37}{space 1}   -0.41{col 46}{space 3}0.685{col 54}{space 4}-.1566817{col 67}{space 3} .1029264
{txt}{space 7}1919  {c |}{col 14}{res}{space 2}-.0176672{col 26}{space 2} .0662054{col 37}{space 1}   -0.27{col 46}{space 3}0.790{col 54}{space 4}-.1474714{col 67}{space 3} .1121369
{txt}{space 7}1920  {c |}{col 14}{res}{space 2} .0012734{col 26}{space 2} .0662061{col 37}{space 1}    0.02{col 46}{space 3}0.985{col 54}{space 4}-.1285322{col 67}{space 3} .1310789
{txt}{space 7}1921  {c |}{col 14}{res}{space 2} .0007725{col 26}{space 2} .0662068{col 37}{space 1}    0.01{col 46}{space 3}0.991{col 54}{space 4}-.1290343{col 67}{space 3} .1305794
{txt}{space 7}1922  {c |}{col 14}{res}{space 2} .0010478{col 26}{space 2} .0662078{col 37}{space 1}    0.02{col 46}{space 3}0.987{col 54}{space 4}-.1287611{col 67}{space 3} .1308567
{txt}{space 7}1923  {c |}{col 14}{res}{space 2} .0009856{col 26}{space 2} .0662086{col 37}{space 1}    0.01{col 46}{space 3}0.988{col 54}{space 4}-.1288249{col 67}{space 3}  .130796
{txt}{space 7}1924  {c |}{col 14}{res}{space 2} .0003845{col 26}{space 2} .0662092{col 37}{space 1}    0.01{col 46}{space 3}0.995{col 54}{space 4}-.1294271{col 67}{space 3} .1301961
{txt}{space 7}1925  {c |}{col 14}{res}{space 2} -.005409{col 26}{space 2} .0662183{col 37}{space 1}   -0.08{col 46}{space 3}0.935{col 54}{space 4}-.1352384{col 67}{space 3} .1244205
{txt}{space 7}1926  {c |}{col 14}{res}{space 2}-.0054157{col 26}{space 2} .0662191{col 37}{space 1}   -0.08{col 46}{space 3}0.935{col 54}{space 4}-.1352465{col 67}{space 3} .1244152
{txt}{space 7}1927  {c |}{col 14}{res}{space 2}-.0047382{col 26}{space 2} .0662141{col 37}{space 1}   -0.07{col 46}{space 3}0.943{col 54}{space 4}-.1345594{col 67}{space 3}  .125083
{txt}{space 7}1929  {c |}{col 14}{res}{space 2}-.0017007{col 26}{space 2} .0662127{col 37}{space 1}   -0.03{col 46}{space 3}0.980{col 54}{space 4} -.131519{col 67}{space 3} .1281177
{txt}{space 7}1930  {c |}{col 14}{res}{space 2}-.0017663{col 26}{space 2} .0662118{col 37}{space 1}   -0.03{col 46}{space 3}0.979{col 54}{space 4} -.131583{col 67}{space 3} .1280503
{txt}{space 7}1931  {c |}{col 14}{res}{space 2}-.0028585{col 26}{space 2} .0662154{col 37}{space 1}   -0.04{col 46}{space 3}0.966{col 54}{space 4}-.1326822{col 67}{space 3} .1269652
{txt}{space 7}1932  {c |}{col 14}{res}{space 2}-.0036388{col 26}{space 2} .0662181{col 37}{space 1}   -0.05{col 46}{space 3}0.956{col 54}{space 4}-.1334679{col 67}{space 3} .1261903
{txt}{space 7}1933  {c |}{col 14}{res}{space 2} -.003332{col 26}{space 2} .0662184{col 37}{space 1}   -0.05{col 46}{space 3}0.960{col 54}{space 4}-.1331616{col 67}{space 3} .1264977
{txt}{space 7}1935  {c |}{col 14}{res}{space 2}-.0041775{col 26}{space 2} .0662232{col 37}{space 1}   -0.06{col 46}{space 3}0.950{col 54}{space 4}-.1340165{col 67}{space 3} .1256616
{txt}{space 7}1936  {c |}{col 14}{res}{space 2}-.0112467{col 26}{space 2} .0662253{col 37}{space 1}   -0.17{col 46}{space 3}0.865{col 54}{space 4}-.1410899{col 67}{space 3} .1185965
{txt}{space 7}1937  {c |}{col 14}{res}{space 2}-.0121494{col 26}{space 2} .0662271{col 37}{space 1}   -0.18{col 46}{space 3}0.854{col 54}{space 4} -.141996{col 67}{space 3} .1176972
{txt}{space 7}1938  {c |}{col 14}{res}{space 2}-.0132269{col 26}{space 2} .0662372{col 37}{space 1}   -0.20{col 46}{space 3}0.842{col 54}{space 4}-.1430934{col 67}{space 3} .1166395
{txt}{space 7}1939  {c |}{col 14}{res}{space 2}-.0212632{col 26}{space 2} .0662316{col 37}{space 1}   -0.32{col 46}{space 3}0.748{col 54}{space 4}-.1511186{col 67}{space 3} .1085923
{txt}{space 7}1940  {c |}{col 14}{res}{space 2}-.2637025{col 26}{space 2} .0662483{col 37}{space 1}   -3.98{col 46}{space 3}0.000{col 54}{space 4}-.3935908{col 67}{space 3}-.1338142
{txt}{space 7}1941  {c |}{col 14}{res}{space 2}-.2869228{col 26}{space 2}  .066241{col 37}{space 1}   -4.33{col 46}{space 3}0.000{col 54}{space 4}-.4167967{col 67}{space 3} -.157049
{txt}{space 7}1942  {c |}{col 14}{res}{space 2}-.2866578{col 26}{space 2} .0662342{col 37}{space 1}   -4.33{col 46}{space 3}0.000{col 54}{space 4}-.4165184{col 67}{space 3}-.1567972
{txt}{space 7}1943  {c |}{col 14}{res}{space 2}-.2858749{col 26}{space 2} .0662256{col 37}{space 1}   -4.32{col 46}{space 3}0.000{col 54}{space 4}-.4157187{col 67}{space 3}-.1560312
{txt}{space 7}1944  {c |}{col 14}{res}{space 2}-.2785879{col 26}{space 2} .0662278{col 37}{space 1}   -4.21{col 46}{space 3}0.000{col 54}{space 4}-.4084359{col 67}{space 3}-.1487399
{txt}{space 7}1945  {c |}{col 14}{res}{space 2}-.1725595{col 26}{space 2} .0662391{col 37}{space 1}   -2.61{col 46}{space 3}0.009{col 54}{space 4}-.3024297{col 67}{space 3}-.0426893
{txt}{space 7}1946  {c |}{col 14}{res}{space 2}-.0985188{col 26}{space 2} .0662561{col 37}{space 1}   -1.49{col 46}{space 3}0.137{col 54}{space 4}-.2284223{col 67}{space 3} .0313847
{txt}{space 7}1947  {c |}{col 14}{res}{space 2} .1078946{col 26}{space 2} .0662692{col 37}{space 1}    1.63{col 46}{space 3}0.104{col 54}{space 4}-.0220345{col 67}{space 3} .2378237
{txt}{space 7}1948  {c |}{col 14}{res}{space 2} .1316412{col 26}{space 2} .0662626{col 37}{space 1}    1.99{col 46}{space 3}0.047{col 54}{space 4}  .001725{col 67}{space 3} .2615575
{txt}{space 7}1949  {c |}{col 14}{res}{space 2}   .13863{col 26}{space 2} .0662581{col 37}{space 1}    2.09{col 46}{space 3}0.036{col 54}{space 4} .0087227{col 67}{space 3} .2685374
{txt}{space 7}1950  {c |}{col 14}{res}{space 2} .1442113{col 26}{space 2} .0662543{col 37}{space 1}    2.18{col 46}{space 3}0.030{col 54}{space 4} .0143113{col 67}{space 3} .2741112
{txt}{space 7}1951  {c |}{col 14}{res}{space 2} .1448552{col 26}{space 2} .0662789{col 37}{space 1}    2.19{col 46}{space 3}0.029{col 54}{space 4} .0149071{col 67}{space 3} .2748034
{txt}{space 7}1952  {c |}{col 14}{res}{space 2} .1485171{col 26}{space 2} .0662565{col 37}{space 1}    2.24{col 46}{space 3}0.025{col 54}{space 4} .0186127{col 67}{space 3} .2784214
{txt}{space 7}1953  {c |}{col 14}{res}{space 2}  .149055{col 26}{space 2} .0662516{col 37}{space 1}    2.25{col 46}{space 3}0.025{col 54}{space 4} .0191604{col 67}{space 3} .2789496
{txt}{space 7}1954  {c |}{col 14}{res}{space 2} .1282095{col 26}{space 2} .0662822{col 37}{space 1}    1.93{col 46}{space 3}0.053{col 54}{space 4}-.0017453{col 67}{space 3} .2581643
{txt}{space 7}1955  {c |}{col 14}{res}{space 2} .1395197{col 26}{space 2}  .066283{col 37}{space 1}    2.10{col 46}{space 3}0.035{col 54}{space 4} .0095633{col 67}{space 3}  .269476
{txt}{space 7}1956  {c |}{col 14}{res}{space 2} .1407952{col 26}{space 2} .0662837{col 37}{space 1}    2.12{col 46}{space 3}0.034{col 54}{space 4} .0108375{col 67}{space 3} .2707528
{txt}{space 7}1957  {c |}{col 14}{res}{space 2} .1474414{col 26}{space 2} .0662799{col 37}{space 1}    2.22{col 46}{space 3}0.026{col 54}{space 4} .0174912{col 67}{space 3} .2773916
{txt}{space 7}1958  {c |}{col 14}{res}{space 2} .1786462{col 26}{space 2}  .066295{col 37}{space 1}    2.69{col 46}{space 3}0.007{col 54}{space 4} .0486664{col 67}{space 3}  .308626
{txt}{space 7}1959  {c |}{col 14}{res}{space 2} .1715331{col 26}{space 2} .0662829{col 37}{space 1}    2.59{col 46}{space 3}0.010{col 54}{space 4} .0415769{col 67}{space 3} .3014892
{txt}{space 7}1960  {c |}{col 14}{res}{space 2} .1728408{col 26}{space 2} .0662869{col 37}{space 1}    2.61{col 46}{space 3}0.009{col 54}{space 4} .0428768{col 67}{space 3} .3028048
{txt}{space 7}1962  {c |}{col 14}{res}{space 2} .1672253{col 26}{space 2}  .057687{col 37}{space 1}    2.90{col 46}{space 3}0.004{col 54}{space 4} .0541226{col 67}{space 3} .2803279
{txt}{space 7}1963  {c |}{col 14}{res}{space 2} .1354579{col 26}{space 2} .0670451{col 37}{space 1}    2.02{col 46}{space 3}0.043{col 54}{space 4} .0040074{col 67}{space 3} .2669084
{txt}{space 7}1964  {c |}{col 14}{res}{space 2} .1807203{col 26}{space 2} .0576746{col 37}{space 1}    3.13{col 46}{space 3}0.002{col 54}{space 4} .0676418{col 67}{space 3} .2937988
{txt}{space 7}1965  {c |}{col 14}{res}{space 2} .1797135{col 26}{space 2} .0576915{col 37}{space 1}    3.12{col 46}{space 3}0.002{col 54}{space 4}  .066602{col 67}{space 3}  .292825
{txt}{space 7}1966  {c |}{col 14}{res}{space 2} .1870295{col 26}{space 2}  .057716{col 37}{space 1}    3.24{col 46}{space 3}0.001{col 54}{space 4} .0738699{col 67}{space 3} .3001891
{txt}{space 7}1967  {c |}{col 14}{res}{space 2} .1896682{col 26}{space 2}  .057737{col 37}{space 1}    3.29{col 46}{space 3}0.001{col 54}{space 4} .0764675{col 67}{space 3}  .302869
{txt}{space 7}1968  {c |}{col 14}{res}{space 2} .1864636{col 26}{space 2} .0577766{col 37}{space 1}    3.23{col 46}{space 3}0.001{col 54}{space 4} .0731852{col 67}{space 3} .2997421
{txt}{space 7}1969  {c |}{col 14}{res}{space 2} .1937053{col 26}{space 2} .0578397{col 37}{space 1}    3.35{col 46}{space 3}0.001{col 54}{space 4} .0803031{col 67}{space 3} .3071074
{txt}{space 7}1970  {c |}{col 14}{res}{space 2} .2177124{col 26}{space 2} .0578482{col 37}{space 1}    3.76{col 46}{space 3}0.000{col 54}{space 4} .1042937{col 67}{space 3} .3311312
{txt}{space 7}1971  {c |}{col 14}{res}{space 2} .2207501{col 26}{space 2} .0578636{col 37}{space 1}    3.82{col 46}{space 3}0.000{col 54}{space 4} .1073012{col 67}{space 3}  .334199
{txt}{space 7}1972  {c |}{col 14}{res}{space 2} .2223215{col 26}{space 2} .0578681{col 37}{space 1}    3.84{col 46}{space 3}0.000{col 54}{space 4} .1088638{col 67}{space 3} .3357791
{txt}{space 7}1973  {c |}{col 14}{res}{space 2} .2337064{col 26}{space 2} .0578858{col 37}{space 1}    4.04{col 46}{space 3}0.000{col 54}{space 4} .1202139{col 67}{space 3} .3471989
{txt}{space 7}1974  {c |}{col 14}{res}{space 2} .2356597{col 26}{space 2} .0578898{col 37}{space 1}    4.07{col 46}{space 3}0.000{col 54}{space 4} .1221593{col 67}{space 3} .3491601
{txt}{space 7}1975  {c |}{col 14}{res}{space 2} .2457193{col 26}{space 2} .0579167{col 37}{space 1}    4.24{col 46}{space 3}0.000{col 54}{space 4} .1321662{col 67}{space 3} .3592724
{txt}{space 7}1976  {c |}{col 14}{res}{space 2} .2499194{col 26}{space 2} .0579402{col 37}{space 1}    4.31{col 46}{space 3}0.000{col 54}{space 4} .1363202{col 67}{space 3} .3635185
{txt}{space 7}1977  {c |}{col 14}{res}{space 2} .2631492{col 26}{space 2} .0579588{col 37}{space 1}    4.54{col 46}{space 3}0.000{col 54}{space 4} .1495136{col 67}{space 3} .3767849
{txt}{space 7}1978  {c |}{col 14}{res}{space 2} .2652766{col 26}{space 2} .0579849{col 37}{space 1}    4.57{col 46}{space 3}0.000{col 54}{space 4} .1515899{col 67}{space 3} .3789634
{txt}{space 7}1979  {c |}{col 14}{res}{space 2} .2647228{col 26}{space 2}  .057989{col 37}{space 1}    4.57{col 46}{space 3}0.000{col 54}{space 4} .1510279{col 67}{space 3} .3784177
{txt}{space 7}1980  {c |}{col 14}{res}{space 2} .2705078{col 26}{space 2} .0548941{col 37}{space 1}    4.93{col 46}{space 3}0.000{col 54}{space 4}  .162881{col 67}{space 3} .3781347
{txt}{space 7}1981  {c |}{col 14}{res}{space 2} .2731587{col 26}{space 2} .0532249{col 37}{space 1}    5.13{col 46}{space 3}0.000{col 54}{space 4} .1688045{col 67}{space 3} .3775129
{txt}{space 7}1982  {c |}{col 14}{res}{space 2} .2779487{col 26}{space 2} .0549304{col 37}{space 1}    5.06{col 46}{space 3}0.000{col 54}{space 4} .1702506{col 67}{space 3} .3856467
{txt}{space 7}1983  {c |}{col 14}{res}{space 2} .2755663{col 26}{space 2} .0549736{col 37}{space 1}    5.01{col 46}{space 3}0.000{col 54}{space 4} .1677836{col 67}{space 3}  .383349
{txt}{space 7}1984  {c |}{col 14}{res}{space 2} .2824542{col 26}{space 2} .0532237{col 37}{space 1}    5.31{col 46}{space 3}0.000{col 54}{space 4} .1781024{col 67}{space 3} .3868059
{txt}{space 7}1985  {c |}{col 14}{res}{space 2} .2821525{col 26}{space 2} .0532181{col 37}{space 1}    5.30{col 46}{space 3}0.000{col 54}{space 4} .1778115{col 67}{space 3} .3864934
{txt}{space 7}1986  {c |}{col 14}{res}{space 2} .2984769{col 26}{space 2} .0531973{col 37}{space 1}    5.61{col 46}{space 3}0.000{col 54}{space 4} .1941768{col 67}{space 3}  .402777
{txt}{space 7}1987  {c |}{col 14}{res}{space 2} .2992315{col 26}{space 2} .0531663{col 37}{space 1}    5.63{col 46}{space 3}0.000{col 54}{space 4} .1949922{col 67}{space 3} .4034708
{txt}{space 7}1988  {c |}{col 14}{res}{space 2} .3080811{col 26}{space 2} .0531423{col 37}{space 1}    5.80{col 46}{space 3}0.000{col 54}{space 4} .2038888{col 67}{space 3} .4122734
{txt}{space 7}1989  {c |}{col 14}{res}{space 2} .3072931{col 26}{space 2} .0531297{col 37}{space 1}    5.78{col 46}{space 3}0.000{col 54}{space 4} .2031255{col 67}{space 3} .4114607
{txt}{space 7}1990  {c |}{col 14}{res}{space 2} .3075573{col 26}{space 2} .0531371{col 37}{space 1}    5.79{col 46}{space 3}0.000{col 54}{space 4} .2033752{col 67}{space 3} .4117394
{txt}{space 7}1991  {c |}{col 14}{res}{space 2} .3024675{col 26}{space 2} .0521478{col 37}{space 1}    5.80{col 46}{space 3}0.000{col 54}{space 4} .2002251{col 67}{space 3} .4047099
{txt}{space 7}1992  {c |}{col 14}{res}{space 2}  .311022{col 26}{space 2} .0531268{col 37}{space 1}    5.85{col 46}{space 3}0.000{col 54}{space 4} .2068601{col 67}{space 3} .4151839
{txt}{space 7}1993  {c |}{col 14}{res}{space 2} .3050354{col 26}{space 2} .0514739{col 37}{space 1}    5.93{col 46}{space 3}0.000{col 54}{space 4} .2041143{col 67}{space 3} .4059566
{txt}{space 7}1994  {c |}{col 14}{res}{space 2} .3071357{col 26}{space 2} .0521481{col 37}{space 1}    5.89{col 46}{space 3}0.000{col 54}{space 4} .2048926{col 67}{space 3} .4093787
{txt}{space 7}1995  {c |}{col 14}{res}{space 2} .2707526{col 26}{space 2} .0481424{col 37}{space 1}    5.62{col 46}{space 3}0.000{col 54}{space 4} .1763633{col 67}{space 3}  .365142
{txt}{space 7}1996  {c |}{col 14}{res}{space 2} .2767723{col 26}{space 2} .0481436{col 37}{space 1}    5.75{col 46}{space 3}0.000{col 54}{space 4} .1823806{col 67}{space 3}  .371164
{txt}{space 7}1997  {c |}{col 14}{res}{space 2} .2804612{col 26}{space 2}  .048148{col 37}{space 1}    5.82{col 46}{space 3}0.000{col 54}{space 4} .1860608{col 67}{space 3} .3748615
{txt}{space 7}1998  {c |}{col 14}{res}{space 2} .2830583{col 26}{space 2} .0481511{col 37}{space 1}    5.88{col 46}{space 3}0.000{col 54}{space 4}  .188652{col 67}{space 3} .3774647
{txt}{space 7}1999  {c |}{col 14}{res}{space 2} .2859133{col 26}{space 2} .0481578{col 37}{space 1}    5.94{col 46}{space 3}0.000{col 54}{space 4} .1914937{col 67}{space 3} .3803329
{txt}{space 7}2000  {c |}{col 14}{res}{space 2} .2932465{col 26}{space 2} .0481692{col 37}{space 1}    6.09{col 46}{space 3}0.000{col 54}{space 4} .1988046{col 67}{space 3} .3876884
{txt}{space 7}2001  {c |}{col 14}{res}{space 2}  .296472{col 26}{space 2} .0481774{col 37}{space 1}    6.15{col 46}{space 3}0.000{col 54}{space 4} .2020141{col 67}{space 3} .3909298
{txt}{space 7}2002  {c |}{col 14}{res}{space 2} .3012305{col 26}{space 2}  .048187{col 37}{space 1}    6.25{col 46}{space 3}0.000{col 54}{space 4} .2067539{col 67}{space 3} .3957072
{txt}{space 7}2003  {c |}{col 14}{res}{space 2} .3070224{col 26}{space 2} .0481935{col 37}{space 1}    6.37{col 46}{space 3}0.000{col 54}{space 4} .2125328{col 67}{space 3} .4015119
{txt}{space 7}2004  {c |}{col 14}{res}{space 2} .3102033{col 26}{space 2} .0482099{col 37}{space 1}    6.43{col 46}{space 3}0.000{col 54}{space 4} .2156817{col 67}{space 3}  .404725
{txt}{space 7}2005  {c |}{col 14}{res}{space 2} .3151838{col 26}{space 2} .0482216{col 37}{space 1}    6.54{col 46}{space 3}0.000{col 54}{space 4} .2206392{col 67}{space 3} .4097285
{txt}{space 7}2006  {c |}{col 14}{res}{space 2} .3186665{col 26}{space 2} .0482246{col 37}{space 1}    6.61{col 46}{space 3}0.000{col 54}{space 4} .2241159{col 67}{space 3}  .413217
{txt}{space 7}2007  {c |}{col 14}{res}{space 2} .3191562{col 26}{space 2}   .04823{col 37}{space 1}    6.62{col 46}{space 3}0.000{col 54}{space 4} .2245952{col 67}{space 3} .4137172
{txt}{space 7}2008  {c |}{col 14}{res}{space 2}  .319777{col 26}{space 2} .0482432{col 37}{space 1}    6.63{col 46}{space 3}0.000{col 54}{space 4} .2251901{col 67}{space 3} .4143639
{txt}{space 7}2009  {c |}{col 14}{res}{space 2} .3194153{col 26}{space 2} .0482415{col 37}{space 1}    6.62{col 46}{space 3}0.000{col 54}{space 4} .2248317{col 67}{space 3} .4139989
{txt}{space 7}2010  {c |}{col 14}{res}{space 2} .3210736{col 26}{space 2} .0482539{col 37}{space 1}    6.65{col 46}{space 3}0.000{col 54}{space 4} .2264656{col 67}{space 3} .4156816
{txt}{space 7}2011  {c |}{col 14}{res}{space 2} .3258553{col 26}{space 2} .0482594{col 37}{space 1}    6.75{col 46}{space 3}0.000{col 54}{space 4} .2312366{col 67}{space 3}  .420474
{txt}{space 7}2012  {c |}{col 14}{res}{space 2} .3264563{col 26}{space 2} .0482737{col 37}{space 1}    6.76{col 46}{space 3}0.000{col 54}{space 4} .2318095{col 67}{space 3} .4211031
{txt}{space 7}2013  {c |}{col 14}{res}{space 2} .3226887{col 26}{space 2} .0482693{col 37}{space 1}    6.69{col 46}{space 3}0.000{col 54}{space 4} .2280506{col 67}{space 3} .4173269
{txt}{space 7}2014  {c |}{col 14}{res}{space 2} .3217861{col 26}{space 2} .0482784{col 37}{space 1}    6.67{col 46}{space 3}0.000{col 54}{space 4} .2271301{col 67}{space 3} .4164421
{txt}{space 7}2015  {c |}{col 14}{res}{space 2} .3200234{col 26}{space 2} .0482858{col 37}{space 1}    6.63{col 46}{space 3}0.000{col 54}{space 4}  .225353{col 67}{space 3} .4146938
{txt}{space 7}2016  {c |}{col 14}{res}{space 2}  .318129{col 26}{space 2} .0482897{col 37}{space 1}    6.59{col 46}{space 3}0.000{col 54}{space 4} .2234509{col 67}{space 3} .4128072
{txt}{space 7}2017  {c |}{col 14}{res}{space 2} .3166899{col 26}{space 2} .0482978{col 37}{space 1}    6.56{col 46}{space 3}0.000{col 54}{space 4} .2219958{col 67}{space 3}  .411384
{txt}{space 7}2018  {c |}{col 14}{res}{space 2} .3178117{col 26}{space 2} .0483054{col 37}{space 1}    6.58{col 46}{space 3}0.000{col 54}{space 4} .2231029{col 67}{space 3} .4125205
{txt}{space 12} {c |}
{space 7}_cons {c |}{col 14}{res}{space 2} .1315252{col 26}{space 2} .0566182{col 37}{space 1}    2.32{col 46}{space 3}0.020{col 54}{space 4}  .020518{col 67}{space 3} .2425324
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .20723506
     {txt}sigma_e {c |} {res} .04681413
         {txt}rho {c |} {res} .95144743{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}
F test that all u_i=0: F({res}153{txt}, {res}3577{txt}) = {res}383.21{col 62}{txt}Prob > F = {res}0.0000

{com}. log close
      {txt}name:  {res}<unnamed>
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  {txt}log type:  {res}smcl
 {txt}closed on:  {res}29 Aug 2024, 08:57:09
{txt}{.-}
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